German automaker Mercedes-Benz is pausing electric vehicle exports to the U.S. market in the wake of weak Q2 financial results. The automotive brand reports that despite enjoying “robust free cash flow” in the just-concluded quarter, its net profit in the first half of 2025 fell from $6.7 billion to $3 billion, a massive 56% drop in net profits compared to Q2 2024.
The challenging auto market conditions in the U.S. could also be driving other firms like Massimo Group (NASDAQ: MAMO) to tweak their strategies in order to…
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