FRANKFURT: German carmaker Mercedes-Benz on Wednesday (Feb 11) reported its lowest annual profit since the COVID-19 pandemic, as it counted the cost of US tariffs and cut-throat competition in China. Net profit for 2025 was 5.3 billion euros (US$6.3 billion), Mercedes said, down almost 49 per cent on the 2024 figure, but better than had been expected in a poll of analysts by financial data firm FactSet. "Amid a dynamic market environment, our financial results remained within our guidance,"

Tag-uri: Coronavirus