Mercedes Expects Earnings Drop For 2023 But Sales Should Remain Stable | Carscoops

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Mercedes Expects Earnings Drop For 2023 But Sales Should Remain Stable | Carscoops carscoops

Mercedes-Benz foresees 2023 being a challenging one, stating that earnings could drop because of economic uncertainty around the world.

While the company expects sales in 2023 to remain steady from last year, it expects to see a lower adjusted return of 12-14 per cent on sales for its cars division. Mercedes-Benz’s chief financial officer Harald Wilhelm said its top priority this year will be balancing price and volume.throughout the year include sluggish demand in Europe, high energy and raw material costs, inflationary pressures, and a slow relaxation of coronavirus restrictions throughout China.

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