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Mercedes-Benz announces cost-cutting efforts as US tariffs loom
In This Article:
Mercedes-Benz (MBG.DE) stock is in focus after the German automaker announced plans to cut costs citing a challenging year ahead following declining sales in 2024.
The company's CEO Ola Källenius urges US President Donald Trump, who proposed 25% tariffs on auto imports, to consider Mercedes-Benz investments and contribution to the US.
Catch Yahoo Finance Executive Editor Brian Sozzi full interview with Mercedes-Benz CEO Ola Källenius.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Naomi Buchanan.
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