Mercedes-Benz reported a sharp decline in its Q1 2025 financial results, with revenue falling 7% YoY to 33.22 billion euros ($35.58 billion) and net profit plunging 43% to 1.73 billion euros ($1.85 billion). Global vehicle sales fell 7% to 529,200 units, with electric vehicle sales down 10% to 45,500 units. The company withdrew its full-year profit guidance citing uncertainty around U.S. tariff policies.