FRANKFURT, Feb. 12 (Xinhua) -- The German luxury carmaker Mercedes-Benz Group reported a sharp earnings decline of more than 50 percent in its 2025 financial results released on Thursday.
Full-year earnings before interest and taxes (EBIT) dropped to 5.82 billion euros (about 6.93 billion U.S. dollars), compared with 13.6 billion euros (about 16.2 billion U.S. dollars) in 2024, representing a year-on-year decrease of 57.2 percent.
The Stuttgart-based carmaker reported a drop in unit sales in 2025. Sales of Mercedes-Benz cars fell to 1,801,291, down 9.2 percent from 2024. In the van segment, Mercedes-Benz sold 359,136 units, down 11.5 percent year on year.
The group's total revenue shrank by 9.2 percent to 132.2 billion euros (about 157.3 billion U.S. dollars), while the net profit plunged 48.8 percent to 5.33 billion euros (about 6.34 billion U.S. dollars).
"Amid a dynamic market environment, our financial results remained within our guidance, thanks to our sharp focus on efficiency, speed and flexibility," said Ola Kaellenius, CEO of Mercedes-Benz Group.
The year 2025 marks the first of a three-year new product campaign by Mercedes-Benz. The company aims to launch more than 40 new models over three years.
In 2026, Mercedes-Benz expects to halt the decline in unit sales, aiming to keep the total unit sales at the 2025 level or slightly higher. Among other measures, the carmaker plans to cut the research and development expenditure in its car division and improve EBIT. ■
