Mercedes-Benz Slashes Outlook as Profit Falls, Tariff Uncertainty Looms

Mercedes-Benz reported a sharp drop in first-quarter profit on Wednesday and warned that rising global trade tensions, particularly US tariff threats, had cast serious doubt on its outlook for the rest of the year. The German luxury automaker said net profit fell nearly 43% year-on-year to €1.73 billion ($1.93 billion), citing sluggish demand in China [...]The post Mercedes-Benz Slashes Outlook as Profit Falls, Tariff Uncertainty Looms first appeared on Business Hallmark.

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