Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Investors Benefit as gold hits two-month peak ahead of key US data

    August 11, 2026

    Scientists and Local Communities Gain Insights from Recent Alaska Earthquake Near Atka

    August 10, 2026

    New Mexico Teen Mental Health Programs to Receive Funding from Meta’s $567 Million Penalty

    August 8, 2026
    • Home
    • Contact Us
    • Disclaimer
    Phoenix InquirerPhoenix Inquirer
    • Automotive

      Audi launches Q9 and high performance SQ9 V8 SUV variants

      July 31, 2026

      Ford recalls nearly 420,000 SUVs over seat belt issue

      June 4, 2026

      Mercedes-Benz USA unveils 2027 S-Class with MB.OS tech

      January 30, 2026

      Ford issues US recall for Escape Focus Explorer and Lincoln MKC

      January 22, 2026

      New Porsche Cayenne Electric delivers 850kw power and 2.5s acceleration

      November 19, 2025
    • Business

      Investors Benefit as gold hits two-month peak ahead of key US data

      August 11, 2026

      Shareholders See Benefits as SpaceX Faces AI Investment Costs and Share Unlocks

      August 6, 2026

      Investors Gain as Gold Approaches Seven-Week High After Largest Increase Since February

      August 6, 2026

      Dow surges 693 points as tech rally lifts Wall Street higher

      August 4, 2026

      U.S. dollar drops after coordinated support for yen

      August 4, 2026
    • Entertainment

      Sony confirms God of War trilogy remake and PS5 prequel

      February 13, 2026

      Hollywood debate grows after Ben Affleck questions AI disruption

      January 27, 2026

      Fantastic Four drives highest Marvel opening since Deadpool

      July 27, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024
    • Health

      Congo’s Ebola Crisis Poses Urgency for Global Response Efforts

      August 6, 2026

      Michigan cyclospora cases reach 11,234 with two deaths

      August 4, 2026

      New soft drink dementia warning highlights cognitive risks

      July 27, 2026

      Malaria discovery reveals how parasites invade blood cells

      July 10, 2026

      Michigan parasite outbreak nears 1,000 confirmed cases

      July 9, 2026
    • Lifestyle

      Apple and ISSEY MIYAKE unveil new 3D-knit iPhone Pocket

      November 13, 2025

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023
    • Luxury

      Price hikes and lack of innovation erode luxury market confidence

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      Scientists and Local Communities Gain Insights from Recent Alaska Earthquake Near Atka

      August 10, 2026

      India Gains Insight as Meta Faces Questions Over Child Abuse Ads on Instagram

      August 7, 2026

      US and Chinese interests gain from Beijing’s expanded drone and trade restrictions

      August 6, 2026

      Spokane fires burn 8,000 acres and displace 67,000 people

      August 4, 2026

      US cancels Iran strike pending swift nuclear agreement

      August 3, 2026
    • Sports

      Spain beat Portugal to reach World Cup quarter-finals

      July 7, 2026

      Norway beats Brazil to reach World Cup last eight

      July 6, 2026

      Egypt oust Australia on penalties to reach World Cup last 16

      July 4, 2026

      Spain defeats Austria 3-0 to enter World Cup last 16

      July 3, 2026

      Kane double sends England past Congo DR at World Cup

      July 2, 2026
    • Technology

      New Mexico Teen Mental Health Programs to Receive Funding from Meta’s $567 Million Penalty

      August 8, 2026

      Free and Go Users to Benefit from Default GPT-5.6 Luna in ChatGPT Access Expansion

      August 7, 2026

      Russia and US’s collaborative plan to deorbit ISS benefits international space safety

      August 6, 2026

      Apple surpasses Nvidia market value amid tech stock shift

      July 29, 2026

      Nvidia releases NOOA open source tool to govern AI agents

      July 28, 2026
    • Travel

      Travelers to Belgium Benefit from Maintained Level 2 Advisory by US Authorities

      August 6, 2026

      Maine tourism feels strain as Canadian travel drops

      March 30, 2026

      Houston Bush airport warns of four-hour TSA lines

      March 26, 2026

      US winter storm disrupts flights nationwide

      March 17, 2026

      U.S. inbound travel declined in 2025 even as global tourism rose

      January 28, 2026
    Phoenix InquirerPhoenix Inquirer
    Home » Mercedes-Benz struggles with EV sales and rising inventory
    Automotive

    Mercedes-Benz struggles with EV sales and rising inventory

    August 1, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    Mercedes-Benz has announced significant price reductions for its EQ electric vehicle (EV) lineup in the United States, in response to weakening demand and the impact of new trade tariffs introduced by former President Donald Trump. The automaker is also temporarily suspending deliveries of several EQ models, including the EQS and EQE sedans and SUVs, as dealership inventories continue to rise.

    Mercedes-Benz struggles with EV sales and rising inventory

    The decision follows the implementation of a recent U.S. spending bill that curtailed federal tax credits for EVs ahead of schedule. The changes, combined with higher import tariffs on auto and component imports from the European Union and other countries, have led to a softening of demand in the American EV market. Mercedes-Benz is taking steps to manage excess inventory during the delivery pause, while vehicles produced at its Vance, Alabama plant will continue to be exported to other markets.

    Mercedes-Benz plans to cut prices on its EQE and EQS models in the U.S. by between 4 and 16 percent, beginning with the 2026 model year. These price reductions exclude delivery charges and are aimed at stimulating consumer interest in a segment that has become increasingly price-sensitive. Despite current market setbacks, Mercedes-Benz CEO, Ola Källenius reaffirmed the company’s long-term commitment to battery electric vehicles in the U.S.

    Mercedes-Benz cuts EV prices as tariffs and tax changes bite

    He stated during the company’s second-quarter results that while short-term demand is down, the company remains confident in the medium- and long-term adoption of EVs in the country. Mercedes-Benz recently updated its product roadmap to include a balanced mix of combustion and electric models, with plans to launch 17 new EVs and 19 combustion-engine vehicles by 2027.

    Production of EQ models at the Vance facility will be significantly reduced in the coming months. Mercedes-Benz is expected to cut EV output by nearly 55 percent between August and December 2025, dropping from 1,179 vehicles in August to 534 by December. Currently, around 60 electric vehicles are produced daily at the plant, with 50 of those destined for export.

    Analysts warn pricing tactics could harm brand equity

    Mercedes-Benz benefits from tariff exemptions for exported vehicles as part of a trade arrangement between the United States and the European Union. In the domestic U.S. market, however, the EQ lineup has struggled to gain traction. Wholesale shipments of the EQS SUV declined 32 percent in the first half of the year, while EQE crossover deliveries fell 35 percent.

    The company has resorted to heavy discounting to reduce stock, with the EQE sedan discounted by 18 percent and the EQS sedan by 15 percent in the second quarter, according to Edmunds. Still, it took an average of 113 days for dealers to sell an EQE sedan and 87 days for the EQS sedan.

    Industry analysts have expressed concern that such discounting is unsustainable. Ivan Drury, director of insights at Edmunds, noted that persistent price cuts can hurt brand perception and reduce residual values, making long-term profitability more difficult. Mercedes-Benz is expected to shift more production focus toward internal combustion engine crossovers, which continue to see stronger demand among American buyers. – By EuroWire News Desk.

    Related Posts

    Papa Johns releases themed personal pizzas for Toy Story 5

    August 7, 2026

    Spokane fires burn 8,000 acres and displace 67,000 people

    August 4, 2026

    Dow surges 693 points as tech rally lifts Wall Street higher

    August 4, 2026

    U.S. dollar drops after coordinated support for yen

    August 4, 2026

    Michigan cyclospora cases reach 11,234 with two deaths

    August 4, 2026

    US cancels Iran strike pending swift nuclear agreement

    August 3, 2026
    Latest News

    Investors Benefit as gold hits two-month peak ahead of key US data

    August 11, 2026

    Scientists and Local Communities Gain Insights from Recent Alaska Earthquake Near Atka

    August 10, 2026

    New Mexico Teen Mental Health Programs to Receive Funding from Meta’s $567 Million Penalty

    August 8, 2026

    Free and Go Users to Benefit from Default GPT-5.6 Luna in ChatGPT Access Expansion

    August 7, 2026

    India Gains Insight as Meta Faces Questions Over Child Abuse Ads on Instagram

    August 7, 2026

    Russia and US’s collaborative plan to deorbit ISS benefits international space safety

    August 6, 2026

    Travelers to Belgium Benefit from Maintained Level 2 Advisory by US Authorities

    August 6, 2026

    US and Chinese interests gain from Beijing’s expanded drone and trade restrictions

    August 6, 2026
    © 2026 Phoenix Inquirer | All Rights Reserved
    • Home
    • Contact Us
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.