(FILES) A Mercedes star, logo of Mercedes-Benz Group AG, is seen on the front of a Mercedes-Benz CLA passenger car in Sindelfingen, southern Germany, on February 12, 2026, prior to the Annual Result Conference of the Mercedes-Benz Group. Premium German carmaker Mercedes-Benz on July 28, 2026 reported falling profit at its car business as it wrote off over 700 million euros due to fierce competition in China. (Photo by THOMAS KIENZLE / AFP via Getty Images)