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Mercedes-Benz Foresees Steep Profit Decline This Year, Aims to Slash Production Costs by 10% in Coming Years
2025-02-20 /
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Author：小编
The German automaker Mercedes-Benz announced on Thursday that it anticipates a significant drop in profits for the current year. To bolster its competitiveness, the company unveiled a strategy aimed at reducing production costs by 10% over the next several years. Mercedes-Benz projects that sales of cars and vans will be modestly lower in 2025 compared to 2024, with the adjusted sales profit margin of its automotive division expected to range between 6% and 8%, down from 8.1% in 2024. Furthermore, the company has decreased its 2024 dividend from €5.30 per share to €4.30 and intends to repurchase shares worth up to €5 billion within a 24-month period.
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