Why is Mercedes stock falling?
STUTTGART (dpa-AFX) – Carmaker Mercedes-Benz saw a significant decline in earnings last year, primarily due to US tariffs and sluggish business in what was once a booming market, China. Mercedes hit by $1. German auto giant Mercedes-Benz Group posted a 57% drop in full-year profit, citing tariff costs, tough competition in China and foreign exchange headwinds.Due to such market conditions (which included the effects of Trump’s 25% auto tariffs), Mercedes-Benz showed a 57% collapse in its group EBIT (earnings before interest and tax) readings last year.The car manufacturer’s operating profits fell by 57% and turnover fell by 9% last year. This is mainly due to the poor sales figures in China, which fell by 19% compared to 2024. China remains the most important market for the German car making behemoth, with almost a third of all Mercedes cars are sold there.Mercedes-Benz Group has reported that net profits were down 48. Profits were €5.
Is Mercedes dropping prices?
Mercedes is offering a jaw-dropping $50,000 discount on 2025 Maybach EQS 680 SUV models, slashing prices from $180,000 to $130,000, according to EV Dances. Even 2026 Maybach EQS SUV models receive substantial $23,000 price reductions as part of the same aggressive sales initiative.