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Mercedes-Benz warns 2025 profits will be ‘significantly’ lower

  • Mercedes-Benz's CEO warned that the car industry is facing uncertainty and assured customers they will try to keep prices down amid challenges posed by tariffs from President Donald Trump.
  • Mercedes-Benz aims to reduce production costs by 10% by 2027 and is adjusting its operations, including moving some production to Hungary.
  • Industry leaders like General Motors CFO and Ford CEO predict that potential tariffs could result in significant financial losses for the auto sector.
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  • 48% of the sources are Center
48% Center
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Badische Neueste Nachrichten broke the news in on Wednesday, February 19, 2025.
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