Mercedes reported a 7.4% decline in group revenue for the first quarter of 2025, with all three main divisions contributing lower revenue compared to the previous period. The company also announced that it was withdrawing its full-year guidance due to ongoing tariff uncertainty. This move comes as the automotive industry continues to navigate complex global trade dynamics. The decline in profit was attributed to the weaker performance across the company’s divisions.
The uncertainty surrounding tariffs has been a significant factor affecting the company’s outlook for the year. As a result, Mercedes has decided to pull its full-year guidance, reflecting the challenges posed by the current trade environment. This decision underscores the broader impact of tariff uncertainties on business planning and forecasting in the automotive sector.
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