The top German gamma car manufacturers are drastically reduced expectations for the rest of the year. Pressured by US tariffs and the deceleration of demand in China, Mercedes and Porsche carried in the brake of their expectations.
German luxury car manufacturers Mercedes-Benz and Porsche cut their predictions For profits for this year, due to President Donald Trump’s double scam and the decrease of demand in China – which harshly reached the two companies, note the.
A Mercedes announced on Wednesday that their revenue forecasts in 2025 will be “significantly belowLast year, and downloaded its projection to the profit margins.
The German car manufacturer registered a abrupt drop in profits In the first half of the year, reducing to more than half over the previous year. Their vehicle sales fell 6% in the United States and 14% in China during this period, “mainly due to tariff policy“The company said.
A Porsche, Do Grupo Volkswagenalso cut off his profit perspectives this Wednesday. It was the third time this year that the car manufacturer has reduced its predictions. The company’s profit fell dramatically about 2/3 in the first half of the year, reached by 400 million euros in tariff costs.
Porsche is especially exposed to American tariffsbecause all your vehicles are produced in Europe. The company is also under rival pressure in China, where the demand for its high range cars collapsed.
Porsche deliveries in North America rose in the first six months of the year, in part because dealers accelerated orders To anticipate the tariffs and Porsche offered to maintain prices Despite the rates.
Your sales in China, however, almost 30% fellsaid the automotive manufacturer, who attributed the fall to an “intense competition”.
On Sunday, the European Union with the United States that would reduce tariffs on imported cars to 15% – a value that Mercedes and Porsche have already incorporated in their forecasts.
