Mercedes-Benz profit drops by 43%

Mercedes-Benz Group has released its financial report for the first quarter of 2025, as reported by auto.mail.ru. The company’s net profit reached €1.73 billion — a 43% drop compared to the same period last year. Revenue also fell by 7.4%, down to €33.22 billion.

Analysts surveyed by FactSet had expected a net profit of €2.03 billion and revenue of €35 billion.

The company stated that due to high market volatility, especially regarding import tariffs, it cannot accurately forecast its financial outcomes for the rest of the year.

As part of a cost-cutting program, Mercedes-Benz is offering administrative staff €500,000 to voluntarily resign. The initiative aims to save €5 billion by 2027. Read 'Zamin' on Telegram!