Close Menu

    Subscribe to Updates

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

    What's Hot

    Australia data centre pipeline doubles as power demand rises

    August 25, 2026

    H5N1 Bird Flu Detected in Mainland Australian Long-Nosed Fur Seal in Beachport

    August 24, 2026

    Australia Uncovers New Strategy to Combat Aggressive Triple-Negative Breast Cancer

    August 22, 2026
    Trending
    • Australia data centre pipeline doubles as power demand rises
    • H5N1 Bird Flu Detected in Mainland Australian Long-Nosed Fur Seal in Beachport
    • Australia Uncovers New Strategy to Combat Aggressive Triple-Negative Breast Cancer
    • Australia’s Superannuation Funds Suffer Heavy Losses Due to Early Access Restrictions
    • United States: Andrew Yang Calls for Tax Reforms Amid AI-Driven Job Automation Concerns
    • Auckland to host historic 2027 State of Origin Game Two, confirmed by NRL
    • Australian Trends Show Shift Towards Retro Phones Reflecting Changes in Smartphone Usage
    • Asian Markets Boost Gold as U.S. Treasury Yields Decline and Fed Focus Intensifies
    Friday, September 4
    • Home
    • Contact Us
    • Disclaimer
    Canberra CourierCanberra Courier
    • Automotive

      Nissan unveils next-gen urban self-driving tech in Tokyo trial

      September 22, 2025

      Lotus Evija sets new benchmark for electric hypercar power

      August 18, 2025

      New Cadillac concept blends luxury with off-road power

      August 14, 2025

      Gas guzzlers return as US drops emissions mandates

      August 11, 2025

      Lamborghini dares with bold hybrid in Porto Cervo

      August 9, 2025
    • Business

      Asian Markets Boost Gold as U.S. Treasury Yields Decline and Fed Focus Intensifies

      August 19, 2026

      China’s July Activity Weakens as Investment Declines 6.7% in First Half of 2026

      August 18, 2026

      Rents climb across Melbourne suburbs while city growth slows

      July 11, 2026

      Australia auction clearance rates sink to six-year low

      June 22, 2026

      Australia says fuel supply holds despite local shortages

      March 23, 2026
    • Entertainment

      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

      Denzel Washington’s The Equalizer 3 strikes box office gold

      September 14, 2023
    • Health

      H5N1 Bird Flu Detected in Mainland Australian Long-Nosed Fur Seal in Beachport

      August 24, 2026

      Australia Uncovers New Strategy to Combat Aggressive Triple-Negative Breast Cancer

      August 22, 2026

      Australian scientists create blood stem cells in lab

      May 2, 2026

      CSIRO-backed wheat lifts fibre in everyday white bread

      March 16, 2026

      New policy mandates immediate open access for NHMRC papers

      February 2, 2026
    • 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

      Australia data centre pipeline doubles as power demand rises

      August 25, 2026

      Australia’s Superannuation Funds Suffer Heavy Losses Due to Early Access Restrictions

      August 21, 2026

      Australia updates National Disability Insurance Scheme standards

      August 1, 2026

      India Australia summit expands defence and energy ties

      July 13, 2026

      India, New Zealand deepen trade and security ties to 2030

      July 13, 2026
    • Sports

      USA tops Australia 2-0 in Seattle World Cup clash

      June 20, 2026

      Kennedy Center selected to host 2026 FIFA World Cup group stage draw

      August 23, 2025

      US Canada Mexico coordinate drone security measures for World Cup 2026

      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

      United States: Andrew Yang Calls for Tax Reforms Amid AI-Driven Job Automation Concerns

      August 20, 2026

      Australian Trends Show Shift Towards Retro Phones Reflecting Changes in Smartphone Usage

      August 20, 2026

      Australia launches AI office amid creator rights demands

      July 16, 2026

      Australia data centre boom faces public benefit test

      June 29, 2026

      Cisco and NVIDIA launch secure AI factory in Australia

      February 25, 2026
    • Travel

      Auckland to host historic 2027 State of Origin Game Two, confirmed by NRL

      August 20, 2026

      Victoria sets entry fee and bookings for Twelve Apostles

      March 10, 2026

      Australia air traffic disrupted by major outage

      December 1, 2025

      Global aviation traffic expands in August despite headwinds

      October 1, 2025

      Spirit Airlines warns it may not survive another year

      August 12, 2025
    Canberra CourierCanberra Courier
    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

    Australia updates National Disability Insurance Scheme standards

    August 1, 2026

    Australia launches AI office amid creator rights demands

    July 16, 2026

    India Australia summit expands defence and energy ties

    July 13, 2026

    India, New Zealand deepen trade and security ties to 2030

    July 13, 2026

    Rents climb across Melbourne suburbs while city growth slows

    July 11, 2026

    Australia data centre boom faces public benefit test

    June 29, 2026
    Latest News

    Australia data centre pipeline doubles as power demand rises

    August 25, 2026

    H5N1 Bird Flu Detected in Mainland Australian Long-Nosed Fur Seal in Beachport

    August 24, 2026

    Australia Uncovers New Strategy to Combat Aggressive Triple-Negative Breast Cancer

    August 22, 2026

    Australia’s Superannuation Funds Suffer Heavy Losses Due to Early Access Restrictions

    August 21, 2026

    United States: Andrew Yang Calls for Tax Reforms Amid AI-Driven Job Automation Concerns

    August 20, 2026

    Auckland to host historic 2027 State of Origin Game Two, confirmed by NRL

    August 20, 2026

    Australian Trends Show Shift Towards Retro Phones Reflecting Changes in Smartphone Usage

    August 20, 2026

    Asian Markets Boost Gold as U.S. Treasury Yields Decline and Fed Focus Intensifies

    August 19, 2026
    Business

    Asian Markets Boost Gold as U.S. Treasury Yields Decline and Fed Focus Intensifies

    August 19, 2026

    China’s July Activity Weakens as Investment Declines 6.7% in First Half of 2026

    August 18, 2026

    Rents climb across Melbourne suburbs while city growth slows

    July 11, 2026

    Australia auction clearance rates sink to six-year low

    June 22, 2026
    News

    Australia data centre pipeline doubles as power demand rises

    August 25, 2026

    Australia’s Superannuation Funds Suffer Heavy Losses Due to Early Access Restrictions

    August 21, 2026

    Australia updates National Disability Insurance Scheme standards

    August 1, 2026

    India Australia summit expands defence and energy ties

    July 13, 2026
    Health

    H5N1 Bird Flu Detected in Mainland Australian Long-Nosed Fur Seal in Beachport

    August 24, 2026

    Australia Uncovers New Strategy to Combat Aggressive Triple-Negative Breast Cancer

    August 22, 2026

    Australian scientists create blood stem cells in lab

    May 2, 2026

    CSIRO-backed wheat lifts fibre in everyday white bread

    March 16, 2026
    © 2026 Canberra Courier | All Rights Reserved
    • Home
    • Contact Us
    • Disclaimer

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