Mercedes-Benz (MBG GY) CFO says that tariff effect on cars margin in Q1 was 100bps (exp. 150bps), thanks to relief from refund claim

The CFO of Mercedes-Benz noted that the impact of tariffs on car margins was 100 basis points in Q1, which was better than the expected 150 basis points. This suggests that the company is managing cost pressures more effectively than anticipated, potentially enhancing profitability and investor sentiment. The comparison to prior expectations could also influence broader market perceptions, particularly in the automobile sector and supply chain forecasts.