Close Menu

    Subscribe to Updates

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

    What's Hot

    On October 20, the World Bank Group Launches New Digital Strategy as Over 2 Billion Still Offline

    October 21, 2026

    By 2026, supply chain finance in emerging economies reaches $10 billion, according to WTO

    October 17, 2026

    Trade Figures for 2025 Show EU’s Goods Exports to Canada Reaching 48.8 Billion Euros in a Record Year

    October 10, 2026
    Saskatchewan StarSaskatchewan Star
    • Automotive

      Jaguar Type 01 electric GT debuts with 1,030 PS

      October 7, 2026

      Nissan develops new self-driving system for urban streets

      September 22, 2025

      Dashboard display fault prompts Toyota recall of 70K vehicles in Canada

      September 20, 2025

      Tesla’s Europe sales drop continues for seventh straight month

      August 28, 2025

      Automotive job losses lead German economic slide

      August 26, 2025
    • Business

      By 2026, supply chain finance in emerging economies reaches $10 billion, according to WTO

      October 17, 2026

      Trade Figures for 2025 Show EU’s Goods Exports to Canada Reaching 48.8 Billion Euros in a Record Year

      October 10, 2026

      As of early October, Costco raises prices on Kirkland synthetic motor oil to $57.99 and enforces purchase limits

      September 16, 2026

      As of April 2024, PM Carney Enhances Industrial Strategy with New Support Measures

      September 14, 2026

      As of 2028, Quebec Faces the Largest Economic Impact from New US Tariffs

      August 31, 2026
    • Entertainment

      Critics say Ben Affleck understates AI use in film and TV

      January 27, 2026

      Disney’s Fantastic Four beats Superman in box office debut

      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

      USHER’s pre-Super Bowl experience on Apple Music

      February 7, 2024
    • Health

      Research reveals early respiratory risks for youth who vape as of Thursday

      August 21, 2026

      Canada set for generic weight-loss drug arrivals this summer

      March 31, 2026

      Study explains exceptional memory in some people over 80

      January 15, 2026

      Stanford researchers restore cartilage in aging joint models

      January 12, 2026

      Protein shakes show alarming traces of lead and heavy metals

      October 19, 2025
    • Lifestyle

      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

      From labels to legacy – understanding fashion’s hierarchy

      August 21, 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

      Record-breaking U.S. school book bans reported in 2025-26, Atwood and North among those affected

      October 7, 2026

      On Monday, Parti Québécois Secures a Minority Government in Quebec Election

      October 6, 2026

      On September 25, Vancouver police apprehend Alberta man following downtown vehicle chase

      September 30, 2026

      On April 26, Mark Carney Discusses Strategic Autonomy with EU Parliament

      September 18, 2026

      Canada prepares retaliatory measures dollar-for-dollar following US import tariffs in early September

      August 25, 2026
    • Sports

      Montreal missed 2026 World Cup as FIFA set host rules

      April 9, 2026

      Victoria Mboko named WTA newcomer of the year 2025

      December 23, 2025

      North American nations plan joint security drills for 2026 FIFA World Cup

      August 6, 2025

      Russian engineers launch AI robot for athletes’ training

      July 18, 2025

      Italy’s Jannik Sinner wins first Wimbledon men’s singles crown

      July 14, 2025
    • Technology

      On October 20, the World Bank Group Launches New Digital Strategy as Over 2 Billion Still Offline

      October 21, 2026

      Canada establishes a national AI council as of October 2026 under Mark Carney’s leadership

      October 5, 2026

      On Tuesday, Andrew Yang Advocates for an AI Tax Amidst Subsidies for Automation Technologies

      August 21, 2026

      Canada to spend C$900 million on drones and quantum defence

      March 10, 2026

      Google expands Gemini AI in Chrome with task automation features

      January 31, 2026
    • Travel

      Ontario Lifts Fire Restrictions and Travel Ban as of Thursday Morning

      August 21, 2026

      Canada cross border trips to U.S. fell sharply in late 2025

      January 28, 2026

      US immigration screening review suspends Pakistan exempts India

      January 15, 2026

      Canada reassures American tourists while U.S. regions scale back Canada marketing

      January 14, 2026

      Banff upgrades transit to address tourist congestion

      October 14, 2025
    Saskatchewan StarSaskatchewan Star
    Home » Mercedes-Benz cuts EQ prices in US amid Trump tariff fallout
    Automotive

    Mercedes-Benz cuts EQ prices in US amid Trump tariff fallout

    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 cuts EQ prices in US amid Trump tariff fallout

    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

    On October 20, the World Bank Group Launches New Digital Strategy as Over 2 Billion Still Offline

    October 21, 2026

    By 2026, supply chain finance in emerging economies reaches $10 billion, according to WTO

    October 17, 2026

    Trade Figures for 2025 Show EU’s Goods Exports to Canada Reaching 48.8 Billion Euros in a Record Year

    October 10, 2026

    Jaguar Type 01 electric GT debuts with 1,030 PS

    October 7, 2026

    Record-breaking U.S. school book bans reported in 2025-26, Atwood and North among those affected

    October 7, 2026

    On Monday, Parti Québécois Secures a Minority Government in Quebec Election

    October 6, 2026
    Latest News

    On October 20, the World Bank Group Launches New Digital Strategy as Over 2 Billion Still Offline

    October 21, 2026

    By 2026, supply chain finance in emerging economies reaches $10 billion, according to WTO

    October 17, 2026

    Trade Figures for 2025 Show EU’s Goods Exports to Canada Reaching 48.8 Billion Euros in a Record Year

    October 10, 2026

    Jaguar Type 01 electric GT debuts with 1,030 PS

    October 7, 2026

    Record-breaking U.S. school book bans reported in 2025-26, Atwood and North among those affected

    October 7, 2026

    On Monday, Parti Québécois Secures a Minority Government in Quebec Election

    October 6, 2026

    Canada establishes a national AI council as of October 2026 under Mark Carney’s leadership

    October 5, 2026

    On September 25, Vancouver police apprehend Alberta man following downtown vehicle chase

    September 30, 2026
    Business

    By 2026, supply chain finance in emerging economies reaches $10 billion, according to WTO

    October 17, 2026

    Trade Figures for 2025 Show EU’s Goods Exports to Canada Reaching 48.8 Billion Euros in a Record Year

    October 10, 2026

    As of early October, Costco raises prices on Kirkland synthetic motor oil to $57.99 and enforces purchase limits

    September 16, 2026

    As of April 2024, PM Carney Enhances Industrial Strategy with New Support Measures

    September 14, 2026
    News

    Record-breaking U.S. school book bans reported in 2025-26, Atwood and North among those affected

    October 7, 2026

    On Monday, Parti Québécois Secures a Minority Government in Quebec Election

    October 6, 2026

    On September 25, Vancouver police apprehend Alberta man following downtown vehicle chase

    September 30, 2026

    On April 26, Mark Carney Discusses Strategic Autonomy with EU Parliament

    September 18, 2026
    Health

    Research reveals early respiratory risks for youth who vape as of Thursday

    August 21, 2026

    Canada set for generic weight-loss drug arrivals this summer

    March 31, 2026

    Study explains exceptional memory in some people over 80

    January 15, 2026

    Stanford researchers restore cartilage in aging joint models

    January 12, 2026
    © 2026 Saskatchewan Star | All Rights Reserved
    • Home
    • Contact Us
    • Disclaimer

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