Mercedes-Benz’s stock fell somewhat on Wednesday morning following the automaker’s announcement of lower earnings and withdrawal of its full-year projection. By 12:00 CEST, the Stuttgart-based company’s shares had fallen more than 1% as investors worried the consequences of the US administration’s trade restrictions.
Mercedes-Benz stated in a news statement that “the US tariff policy, along with the countermeasures of other governments and the associated changes in tariff rates, are leading to considerable uncertainty for the world economy. Given the uncertainties surrounding tariff measures, the automaker noted that it was still too early to fully assess the effects of President Donald Trump’s trade policy.
Currently, Mercedes manufactures automobiles in several countries, with Germany being one of the main ones. In response to tariffs, the automaker, which has a facility in Tuscaloosa, Alabama, announced earlier this month that it would increase manufacturing in the United States.
In the first quarter of 2025, Mercedes’ earnings before interest and taxes decreased 41% year-over-year to €2.3 billion, the automaker announced on Wednesday. Revenue dropped 7% to €33.2 billion, while net profit declined 43% to €1.7 billion.
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