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Mercedes-Benz Pulls Annual Earnings Guidance Amid Donald Trump's Tariff Uncertainty, Declining Sales

Benzinga LogoBenzinga19h ago

Mercedes-Benz Pulls Annual Earnings Guidance Amid Donald Trump's Tariff Uncertainty, Declining Sales - Benzinga

Quick Summary:

What Happened: At the earnings calls, the company's Chief Financial Officer Harald Wilhelm shared that due to the uncertainty over the Trump administration's tariffs, earnings guidance for 2025 “cannot be provided today with a reliable degree of certainty,” according to a Reuters report.

Mercedes-Benz Group (OTC:MBGAF) pulled its 2025 earnings guidance, citing uncertainty over U.S.

The German luxury automaker has been grappling with a disappointing quarter, where profit margins declined to 7.3% from 9% around the same time last year.

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Article Details

Author / Journalist: Badar Shaikh

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 10:42:58 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28297164

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 32 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #53

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