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Mercedes-Benz withdraws earnings forecast, reports 41% drop in Q1 profit due to US tariffs.
Mercedes-Benz has withdrawn its full-year earnings forecast due to uncertainty over US tariffs, reporting a 41% drop in first-quarter earnings.
The company's net profit fell 43% to €1.7 billion, and it cited rising trade tensions and tariffs as key factors.
Other carmakers like Stellantis and Volvo have taken similar steps, highlighting the unpredictable impact of trade disputes on the automotive sector.
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Mercedes-Benz retira el pronóstico de ganancias, informa una caída del 41% en las ganancias del primer trimestre debido a los aranceles estadounidenses.