The Mercedes-Benz group announced this Wednesday that it achieved profits of €1.731 billion in the first quarter of 2025, representing a decline of 42.8% compared to the same period in 2024.
In a statement, the Stuttgart-based automaker noted that group sales between January and March fell by 7.4% to €33.224 billion, while earnings before interest and taxes decreased by 40.7% to €2.289 billion.
In the first quarter of 2025, Mercedes-Benz sold 446,300 vehicles, marking a decrease of 3.6% compared to the first three months of the previous year, when 462,978 units were sold.
Additionally, the share of electrified vehicles in total sales remained at 19.5%, due to a year-on-year decline of 3.7%. In the first three months, the group sold 86,814 electrified vehicles, of which 40,706 were 100% electric, equivalent to respective declines of 3.7% and 14.3%.
As for the outlook, the group’s and divisions’ guidance would remain unchanged before considering any additional impact from tariffs. However, “assuming that all currently implemented and announced tariffs become effective and remain in force until the end of the year, material impacts are expected”. Mercedes-Benz further stated that the “current volatility regarding tariff policies, mitigation measures, and the potential direct and indirect effects, particularly on customer behavior and demand, is too high to reliably assess business development for the remainder of the year”.
In this way, the Mercedes-Benz group believes that “the figures in reports cannot be estimated with the necessary level of certainty”.
