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<Results>Mercedes' Profit Plunges Nearly Half Last Yr; Revenue in CN Sags 29%
German automaker Mercedes' profit plummeted nearly half to EUR5.3 billion last year, primarily due to tariffs, FX impacts, and intense competition in the Chinese market. Revenu...
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<Results>Mercedes' Profit Plunges Nearly Half Last Yr; Revenue in CN Sags 29%
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German automaker Mercedes' profit plummeted nearly half to EUR5.3 billion last year, primarily due to tariffs, FX impacts, and intense competition in the Chinese market.

Revenue also declined by 9.2% to EUR132.2 billion, with Chinese revenue sagging 28.6% to EUR16.519 billion, the US dropping 11.2%, and Germany fading 3.5%.

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