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Mercedes, Porsche squeezed by US tariffs, China slowdown
Bangkok Post
|August 01, 2025
Luxury automakers Mercedes-Benz and Porsche slashed their forecasts for earnings this year as the double whammy of US President Donald Trump's tariffs and slowing demand in China hit the German companies hard.
Mercedes said Wednesday that revenue in 2025 would come in “significantly below” last year. The company also lowered its projection for profit margins.
The automaker reported a plunge in profit in the first half of the year, more than halving that from the year before. Its vehicle sales fell 6% in the United States and 14% in China over that period, “primarily due to tariff policy,’ the company said.
This story is from the August 01, 2025 edition of Bangkok Post.
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