Mercedes Benz

Mercedes is cutting production capacity amid falling profits

Mercedes CEO Ola Kallenius at the 2023 Shanghai auto show.
Mercedes CEO Ola Kallenius has been directing resources to its most expensive vehicles but weak demand has been weighing on the strategy. Kallenius is shown at the 2023 Shanghai auto show. (BLOOMBERG)
February 20, 2025 07:26 AM

Mercedes-Benz Group is cutting production capacity in Germany and moving some output to low-cost countries as it grapples with fierce competition and uneven demand in the global auto market.

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