Home > Business > Mercedes-Benz third quarter sales drop, dragged by China and US

Mercedes-Benz third quarter sales drop, dragged by China and US

Written By: TDG Syndication
Last Updated: October 7, 2025 17:41:03 IST

(Reuters) -Mercedes-Benz reported declining sales for the third quarter on Tuesday, as U.S. import duties and intensifying competition in China dented the German luxury carmaker's deliveries. It delivered 441,500 vehicles between July and September, 12% fewer than in the same quarter last year, with sales in the U.S. and China falling by 17% and 27% respectively. "While sales in Europe, South America and Gulf States (are) performing well, our sales in the third quarter were impacted by the market conditions in China," Mathias Geisen, a member of the management board, said in a statement. Mercedes-Benz is one of several German auto manufacturers to have cut its guidance in 2025, as the industry incurred higher costs due to U.S. President Donald Trump's tariffs on cars, their parts and materials, while sales fell drastically in China due to local competition. Sales of battery electric vehicles (BEV) flattened compared to last year, at 42,600 cars, the automaker said. (Reporting by Tristan Veyet in Gdansk, Ilona Wissenbach in Frankfurt; editing by Milla Nissi-Prussak)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Latest News

The Daily Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

Follow Us

© Copyright ITV Network Ltd 2025. All right reserved.

The Daily Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.