Mercedes-Benz profits halve as Chinese rivals challenge foreign brands
Sales dropped 9.2% in 2025, led by a 19% fall in China
Sales dropped 9.2% in 2025, led by a 19% fall in China

German carmaker maintains full-year guidance despite further hit from weak Chinese demand

Phasing out of electric vehicle subsidies has driven slump in domestic sales growth following years-long boom

Western executives hope ‘in China for China’ strategy will halt sales decline in world’s largest car market

World’s biggest operator, Wallenius Wilhelmsen, aims to boost revenue by helping newer Beijing brands expand overseas

Carmakers fear falling behind on scale and technology even as profit margins drop and officials lambast extreme discounting

Tesla rival boosted by higher-margin exports as domestic competition intensifies