US EditionMercedes-Benz trims profit margin forecast on US tariff impact
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63 Articles
Mercedes-Benz trims profit margin forecast on tariff hit
Mercedes-Benz has today trimmed its annual car sales and profit margin forecasts, flagging a nearly $420m impact from US tariffs in the second quarter as US President Donald Trump prepared to hike import levies on EU-made cars.
Mercedes-Benz trims profit margin forecast on US tariff impact
Mercedes-Benz trimmed its annual car sales and profit margin forecasts on Wednesday, flagging a nearly $420 million impact from U.S. tariffs in the second quarter as U.S. President Donald Trump prepared to hike import levies on EU-made cars.
The profit of Mercedes-Benz fell dramatically in the first half of the year – by 55.8 percent compared to the previous year. From 6.1 billion euros at mid-term in 2024, the profit fell to 2.7 billion euros this year.
Similar to other German automakers, Mercedes-Benz recorded significant losses in profits in the first half of the year.
The Elkhart Truth
Mercedes-Benz welcomes EU-US deal after profits plunge on tariff woes
A new trade deal struck between the United States and European Union is good news despite fears it is unbalanced, Mercedes-Benz said Wednesday after the German carmaker reported a tariff hit of hundreds of millions of euros in the second…
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