US Edition
Mercedes-Benz warns 2025 profits will be ‘significantly’ lower
- Mercedes-Benz's CEO warned that 2025 profits will be ‘significantly’ lower due to uncertainties facing the car industry and a 30% slump in earnings in 2024.
- Mercedes plans to introduce 19 new combustion engine models and 17 battery-electric cars by the end of 2027, focusing on higher-margin vehicles after a decline in EV sales in 2024.
- Mercedes aims to reduce production costs by 10% by 2027 and to double that by 2030 while reducing workforce size through retirements and voluntary redundancies, as stated by CFO Harald Wilhelm.
- Automakers including General Motors and Ford have echoed concerns about the tariff situation, predicting significant impacts on industry profits and job losses.
63 Articles
63 Articles
Mercedes CEO warns of 'uncertain world' but is taking steps to keep prices down
MERCEDES-Benz’s CEO has warned the famous car brand’s customers that the industry is facing uncertainty – but they’ll do all they can to keep prices down. The German manufacturer, who recently hit back at President Trump and the looming fines automakers are facing in the coming months, announced further cost-cutting and more petrol and diesel cars in its new product range. AFPMercedes-Benz’s CEO says the car industry is facing uncertainty[/capti…
The last year was bad for the car manufacturer Mercedes. Why this is so and with what measures one wants to get back on track for success.
Car Group - Earnings of Mercedes-Benz down by a good 28 percent in 2024 - Renault can increase sales
The car manufacturer Mercedes-Benz recorded a significant decline in profits last year.
More luxury and more electric cars should actually be the future of Mercedes. Now it is clear: 2025 is likely to get worse than the already bad year 2024. Now we are saving – and moving.
Mercedes-Benz Q4 Profit Declines, Cuts Dividend; Plans Up To EUR 5 Bln Share Buyback
Mercedes-Benz Group AG (MBGAF), a German luxury vehicle major, reported Thursday weak profit and revenues in its fourth quarter. Further, at the Annual General Meeting on May 7, the Board of Management and the Supervisory Board will propose a dividend of 4.
Coverage Details
Bias Distribution
- 52% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
