Mercedes-Benz CFO: margin for cars division in Q1 expected between 6-8%
ReutersFeb 20, 2025 7:50 AM
Feb 20 (Reuters) - Mercedes-Benz MBGn.DE expects the margin for its cars division in the first quarter to be within the 6-8% guidance for the year but its forecasts do not include the impact of any potential new U.S. tariffs on EU imports, the company's finance chief said on Thursday.
Adhering to the European Union's CO2 compliance goals this year will cost the carmaker a three-digit million-euro figure, CFO Harald Wilhelm added in a conference following the release of annual results.
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