The company highlighted multiple challenges, including lower vehicle sales and increased expenses tied to efficiency programs. “The adjusted operating margin for our passenger car division is now projected between 4 and 6 percent, down from 8.1 percent last year,“ a spokesperson said.
Revenue for the first half of 2025 dropped 8.6 percent to €66.4 billion, while operating profit (EBIT) plummeted by 55 percent to €3.6 billion. Mercedes-Benz now anticipates full-year revenue to fall significantly below 2024 levels, with sales volumes also expected to decline. - Bernama-dpa
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