Mercedes-Benz said in an earnings update on Wednesday that its net profit had plummeted from €6.1 billion to €2.7 billion in the first half of 2025, a 56% year-on-year drop.
It added that, in the second quarter alone, net profit dropped by an even greater 69%, while revenue was down 10% year-on-year. EBIT (earnings before interest and taxes) and earnings per share have both fallen by a staggering 68%.
