Mercedes denies it is considering withdrawing cheaper cars from US

Reuters

Tue, Apr 1, 2025, 8:55 AM 1 min read

(Reuters) -Mercedes-Benz denied a study by Bloomberg News connected Tuesday which said the carmaker was considering withdrawing its cheapest models successful the U.S. up of an added 25% tariff to beryllium imposed connected car imports.

"This is without immoderate merit. Mercedes-Benz continues to question income maturation for its highly desirable vehicles," a Mercedes-Benz spokesperson said successful an emailed connection successful effect to the report.

Bloomberg said the carmaker was considering withdrawing much entry-level models from merchantability arsenic portion of broader tariff contingency plans.

Industry experts person warned that the planned tariffs, to beryllium imposed from April 3, are apt to pb to higher prices and less choices of models for consumers, with not capable country successful the margins of much affordable cars targeted astatine first-time buyers to sorb the tariff cost.

Mercedes-Benz executives told analysts connected an capitalist telephone connected Monday that the carmaker was gathering up inventory levels successful the U.S. astatine the wholesale level and astatine trader tons to get up of tariffs, arsenic it weighed further mitigation measures.

(Reporting by Gursimran Kaur successful Bengaluru and Victoria Waldersee; Writing by Maria Martinez; Editing by Shinjini Ganguli and Jan Harvey)