World News@lemmy.worldEnglish · 25 days ago

Mercedes-Benz net profit nearly halves in 2025 amid US, China woes

www.channelnewsasia.com

Mercedes-Benz net profit nearly halves in 2025 amid US, China woes

www.channelnewsasia.com

schizoidman@lemmy.zip to

World News@lemmy.worldEnglish · 25 days ago

FRANKFURT: German carmaker Mercedes-Benz on Thursday (Feb 12) reported its lowest annual profit since the COVID-19 pandemic, as it counted the cost of US tariffs and cut-throat competition in China.Net profit for 2025 was 5.3 billion euros (US$6.3 billion), Mercedes said, down almost 49 per cent on the 2024

cross-posted from : https://lemmy.zip/post/59010146

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