Mercedes-Benz profits slump as revamp costs and US tariffs take toll
German carmaker maintains full-year guidance despite further hit from weak Chinese demand
German carmaker maintains full-year guidance despite further hit from weak Chinese demand

Sales dropped 9.2% in 2025, led by a 19% fall in China

Higher levies mean rising costs for importing into the US, parts procurement and supply chain adjustments

Luxury-car makers have been hit hard by US policy changes, tariffs and slowing demand in China

Analysts warn Europe’s largest carmaker may struggle to lift margins despite historic restructuring

GM and Hyundai report lower fourth-quarter sales and industry analysts predict a downturn for 2026

Japanese automaker is trying to execute a turnaround plan