German Carmaker Mercedes Bets On Hungary after Sharp Profit Drop
4 Articles
4 Articles
German Carmaker Mercedes Bets On Hungary after Sharp Profit Drop
Germany’s luxury carmaker Mercedes-Benz reported a sharp decline in profits last year, as a combination of weaker Chinese sales, tariffs and currency headwinds weighed on performance, according to an article from German daily Der Standard. The company’s net profit dropped by 49 per cent year-on-year, from 10.4 billion to 5.3 billion euros, marking the third consecutive annual decline. Operating profit (EBIT) fell by 57 per cent, while revenue de…
Mercedes-Benz released information about the past fiscal year in a press release a few days ago. Following the mixed results published in January, the profit margin of the automotive division could decline further this year. At best, margins will remain stable in 2026. Mercedes-Benz has experienced a significant decline in profit margins in its core automotive business in recent years. According to the German luxury car manufacturer, in 2025 it …
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