Mercedes-Benz earnings down by 40% in car division in 2024
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Mercedes-Benz's passenger car division reported a 40.5% drop in annual earnings and anticipates lower earnings in 2025 as it aims to enhance competitiveness and reduce costs.
February 20, 2025 | 6:30 am
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Mercedes-Benz's passenger car division reported a significant 40.5% drop in annual earnings, with expectations of further declines in 2025 as the company focuses on competitiveness and cost-cutting.
The significant drop in earnings and the expectation of further declines in 2025 are likely to negatively impact MBGAF's stock price in the short term. The company's focus on competitiveness and cost-cutting indicates challenges ahead.
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