Tag #Mercedes-Benz

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elmundo.es

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May 11, 19:11

Mercedes-Benz Q1 2025 Results: Sales Down, Challenges Ahead

Mercedes-Benz reports a challenging first quarter of 2025, with sales down 3.6% to 446,300 units (20% electric), revenue down 7.4%, net profit down 42.8%, and operating margin at 7.3%; CEO Ola Kallenius discusses market challenges, competition, and future strategies.

Mercedes-Benz Q1 2025 Results: Sales Down, Challenges Ahead

Mercedes-Benz reports a challenging first quarter of 2025, with sales down 3.6% to 446,300 units (20% electric), revenue down 7.4%, net profit down 42.8%, and operating margin at 7.3%; CEO Ola Kallenius discusses market challenges, competition, and future strategies.

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What are the most significant factors contributing to Mercedes-Benz's decreased profitability in the first quarter of 2025?

Mercedes-Benz Cars experienced a challenging first quarter of 2025, with a 3.6% decrease in sales (446,300 units, 20% electric), a 7.4% drop in revenue (€33.2 billion), a 42.8% decline in net profit (€1.73 billion), and a reduced operating margin to 7.3% (from 9% in 2024). This downturn coincides with Ola Kallenius's new role as president of Acea, the European car manufacturers' association.

zeit.de

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Apr 30, 10:11

Volkswagen Q1 Profit Plunges 41% Amidst Special Charges and Market Headwinds

Volkswagen's first-quarter 2025 profit fell nearly 41 percent to €2.19 billion due to special charges (€1.1 billion), lower China earnings, and reduced electric vehicle profitability, despite a 3 percent revenue increase to €77.6 billion and increased EV market share.

Volkswagen Q1 Profit Plunges 41% Amidst Special Charges and Market Headwinds

Volkswagen's first-quarter 2025 profit fell nearly 41 percent to €2.19 billion due to special charges (€1.1 billion), lower China earnings, and reduced electric vehicle profitability, despite a 3 percent revenue increase to €77.6 billion and increased EV market share.

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What were the key factors contributing to Volkswagen's substantial Q1 2025 profit decline, and what are the immediate implications for the company?

Volkswagen's Q1 2025 profit plunged by almost 41 percent to €2.19 billion, despite a 3 percent rise in revenue to €77.6 billion. This decrease is attributed to €1.1 billion in special charges, including CO2 provisions and expenses related to the diesel scandal and software subsidiary Cariad. Lower earnings in China further impacted results.

welt.de

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Mar 25, 22:11

EU Funds Rock Tech Lithium Refinery, Boosting Europe's Raw Material Independence

The EU will provide funding and streamline permitting to support Rock Tech Lithium's stalled lithium refinery in Guben, Germany, aiming to bolster Europe's independence in critical raw material supply and reduce reliance on China.

EU Funds Rock Tech Lithium Refinery, Boosting Europe's Raw Material Independence

The EU will provide funding and streamline permitting to support Rock Tech Lithium's stalled lithium refinery in Guben, Germany, aiming to bolster Europe's independence in critical raw material supply and reduce reliance on China.

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What is the significance of the EU's decision to support Rock Tech Lithium's lithium refinery in Guben?

Rock Tech Lithium, a German-Canadian company, received a construction and operating permit for a lithium refinery in Guben, Germany in May 2024, but progress stalled due to a lack of funding and uncertain raw material sourcing. The EU will now support the project with funding and faster permitting processes, aiming for greater independence from other global regions for critical raw materials.

german.china.org.cn

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Mar 22, 13:14

China, EU Vow to Resolve EV Trade Dispute Through WTO Consultations

During a meeting in Beijing, Chinese Commerce Minister Wang Wentao and Mercedes-Benz Group Chairman Ola Kallenius discussed the EU's anti-subsidy investigation into Chinese electric vehicles, emphasizing both sides' commitment to resolving trade disputes via WTO consultations to ensure a stable glob...

China, EU Vow to Resolve EV Trade Dispute Through WTO Consultations

During a meeting in Beijing, Chinese Commerce Minister Wang Wentao and Mercedes-Benz Group Chairman Ola Kallenius discussed the EU's anti-subsidy investigation into Chinese electric vehicles, emphasizing both sides' commitment to resolving trade disputes via WTO consultations to ensure a stable glob...

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Partnerships for the Goals

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How does the EU's anti-subsidy investigation into Chinese electric vehicles impact broader trade relations between China and the EU?

This commitment reflects both sides' dedication to multilateralism and free trade, countering unilateralism and protectionism. The EU's investigation into Chinese EVs and China's response highlight the complexities of global trade relations, with significant implications for the global automotive industry and broader economic stability. A swift resolution is crucial for maintaining trust and fostering future collaboration.

zeit.de

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Mar 14, 07:13

Mercedes-Benz CEO Warns of Economic Risks from US-EU Trade Dispute

Mercedes-Benz CEO Ola Källenius expressed concern over escalating US-EU trade disputes, highlighting the company's long history and substantial investments in the US market while emphasizing the importance of global trade for economic growth. Despite its significant US manufacturing, Mercedes-Benz's...

Mercedes-Benz CEO Warns of Economic Risks from US-EU Trade Dispute

Mercedes-Benz CEO Ola Källenius expressed concern over escalating US-EU trade disputes, highlighting the company's long history and substantial investments in the US market while emphasizing the importance of global trade for economic growth. Despite its significant US manufacturing, Mercedes-Benz's...

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How does Mercedes-Benz's significant US manufacturing presence influence its perspective on the ongoing trade conflict?

The CEO's comments highlight the interconnected nature of global trade and the potential impact of protectionist policies on established multinational corporations. Mercedes-Benz's significant US production and export activities demonstrate the complex web of economic relationships affected by trade disputes.

sueddeutsche.de

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Mar 14, 07:13

Mercedes-Benz CEO Warns of US-EU Trade Conflict Impact

Mercedes-Benz CEO Ola Källenius voiced concern over a potential US-EU trade conflict, emphasizing Europe's export-dependent economy despite Mercedes's large US production (260,000 cars in Tuscaloosa, Alabama, and Sprinters in Charleston, South Carolina) and US sales (324,500 cars and 49,500 vans in ...

Mercedes-Benz CEO Warns of US-EU Trade Conflict Impact

Mercedes-Benz CEO Ola Källenius voiced concern over a potential US-EU trade conflict, emphasizing Europe's export-dependent economy despite Mercedes's large US production (260,000 cars in Tuscaloosa, Alabama, and Sprinters in Charleston, South Carolina) and US sales (324,500 cars and 49,500 vans in ...

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How does Mercedes-Benz's substantial US production and export activity influence its stance on the US-EU trade dispute?

While Mercedes-Benz's US production minimizes direct tariff impacts, the CEO's concern underscores Europe's export-driven economy's vulnerability in trade wars. Källenius points out that post-WWII European growth was significantly fueled by trade, making protectionism counterproductive. Mercedes's substantial US production (260,000 cars in Tuscaloosa alone) and export volume highlights its global interconnectedness.

dailymail.co.uk

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May 5, 16:13

Mercedes Shifts Production to Alabama Amid Trump Tariffs

Mercedes-Benz will move production of a core vehicle segment, likely the GLC, to its Alabama plant by 2027, in response to President Trump's 25% tariffs on imported cars; this decision follows similar responses from other automakers, highlighting the complex impact of protectionist trade policies.

Mercedes Shifts Production to Alabama Amid Trump Tariffs

Mercedes-Benz will move production of a core vehicle segment, likely the GLC, to its Alabama plant by 2027, in response to President Trump's 25% tariffs on imported cars; this decision follows similar responses from other automakers, highlighting the complex impact of protectionist trade policies.

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How are other automakers responding to the tariffs, and what are the broader economic consequences?

The shifting of Mercedes-Benz production to Alabama reflects the complex impact of President Trump's protectionist trade policies on the automotive industry. While intended to stimulate US manufacturing, the tariffs have resulted in varied responses from automakers, including production shifts, price increases, and job losses. Mercedes's decision, while potentially benefiting Alabama, may also lead to decreased production of other models and exports.

sueddeutsche.de

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Apr 30, 13:13

US Tariffs to Slash Mercedes-Benz Profit Margin by 3 Percentage Points in 2025

US tariffs are expected to reduce Mercedes-Benz's car division profit margin by about 3 percentage points in 2025, prompting the company to explore countermeasures like price increases and increased US production, while acknowledging potential negative impacts on demand.

US Tariffs to Slash Mercedes-Benz Profit Margin by 3 Percentage Points in 2025

US tariffs are expected to reduce Mercedes-Benz's car division profit margin by about 3 percentage points in 2025, prompting the company to explore countermeasures like price increases and increased US production, while acknowledging potential negative impacts on demand.

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What is the projected financial impact of US tariffs on Mercedes-Benz's car division in 2025, and what immediate actions is the company considering?

US tariffs could reduce Mercedes-Benz's car division profit margin by approximately 3 percentage points annually, impacting their projected 6-8 percent target for 2025.

themarker.com

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Mar 22, 13:14

Mercedes-Benz Unveils Electric CLA, Plans 25 New Models Amidst Market Shifts

Mercedes-Benz unveiled its new electric CLA sedan, aiming to compete with Tesla and other brands. The company plans to release 25 new models in two years, with half being electric, to adapt to evolving market demands despite facing challenges in China and the US due to competition and tariffs.

Mercedes-Benz Unveils Electric CLA, Plans 25 New Models Amidst Market Shifts

Mercedes-Benz unveiled its new electric CLA sedan, aiming to compete with Tesla and other brands. The company plans to release 25 new models in two years, with half being electric, to adapt to evolving market demands despite facing challenges in China and the US due to competition and tariffs.

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What is the immediate impact of Mercedes-Benz's new electric CLA model on its global market position and competition?

Mercedes-Benz plans to launch 25 new models in the next two years, half of which will be electric. The first, the CLA sedan, was launched last week in Rome. This is the only electric model planned for release this year, boasting an AI-powered operating system, a 790km range, and fast charging.

bbc.com

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Mar 17, 13:15

Mercedes-Benz Launches New Electric CLA-Class, Tesla Raises Tariff Concerns, Toyota Expands in Europe

Mercedes-Benz unveiled its new electric CLA-Class, boasting superior range compared to Tesla Model 3; Tesla expressed unsigned concerns to the US government about potential trade war repercussions from tariffs; Toyota announced six new electric models for Europe; Lexus showcased a simulated sports c...

Mercedes-Benz Launches New Electric CLA-Class, Tesla Raises Tariff Concerns, Toyota Expands in Europe

Mercedes-Benz unveiled its new electric CLA-Class, boasting superior range compared to Tesla Model 3; Tesla expressed unsigned concerns to the US government about potential trade war repercussions from tariffs; Toyota announced six new electric models for Europe; Lexus showcased a simulated sports c...

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What are the key features and market implications of the new Mercedes-Benz CLA-Class electric vehicle?

This week's automotive news features Mercedes-Benz unveiling the new CLA-Class, the most efficient and intelligent model to date, marking the first of a series of electric models to be launched in the next two years. Tesla sent an unsigned letter to the US government expressing concerns about potential retaliatory tariffs, while Toyota announced six new electric models for the European market and Lexus introduced a simulated sports car gear-shift system for its electric vehicles.

welt.de

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Mar 14, 07:13

Mercedes-Benz CEO Warns of US-EU Trade Conflict's Economic Ramifications

Mercedes-Benz CEO Ola Källenius voiced concerns about escalating US-EU trade conflicts, highlighting the company's 120-year US presence and substantial US production (260,000 cars in Tuscaloosa, Alabama, and Sprinters in Charleston, South Carolina) alongside its global operations, emphasizing Europe...

Mercedes-Benz CEO Warns of US-EU Trade Conflict's Economic Ramifications

Mercedes-Benz CEO Ola Källenius voiced concerns about escalating US-EU trade conflicts, highlighting the company's 120-year US presence and substantial US production (260,000 cars in Tuscaloosa, Alabama, and Sprinters in Charleston, South Carolina) alongside its global operations, emphasizing Europe...

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How does Mercedes-Benz's dual role as a manufacturer and importeexporter in the US influence its perspective on the trade dispute?

Källenius's comments underscore the intertwined nature of global trade and the potential ramifications of protectionist policies. While Mercedes-Benz benefits from US manufacturing, its extensive global operations, including plants in China and Europe, make it vulnerable to trade disruptions. He stresses the importance of free trade for European economic growth.

repubblica.it

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Mar 9, 19:11

Mercedes-Benz Road Tests Solid-State Battery Prototype

Mercedes-Benz and Factorial Energy successfully road-tested a prototype electric vehicle using a solid-state lithium-metal battery, boasting a 25% range increase over conventional lithium-ion batteries; the test, completed late 2024, marks a significant step toward mass production.

Mercedes-Benz Road Tests Solid-State Battery Prototype

Mercedes-Benz and Factorial Energy successfully road-tested a prototype electric vehicle using a solid-state lithium-metal battery, boasting a 25% range increase over conventional lithium-ion batteries; the test, completed late 2024, marks a significant step toward mass production.

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What are the immediate implications of Mercedes-Benz's successful road test of a solid-state battery-powered vehicle?

Mercedes-Benz has begun road testing a prototype electric vehicle with a solid-state lithium-metal battery, developed in collaboration with Factorial Energy. This marks a significant step towards integrating this technology, which offers advantages such as increased range (+25%) and improved safety, into mass production.

Showing 13 to 24 of 32 results