Mercedes-Benz CEO on Challenges in 2023, EVs & China

Mercedes-Benz reported strong earnings for 2022, driven by a robust product portfolio and cost discipline. The company anticipates a challenging 2023 due to macroeconomic factors like inflation and interest rate hikes. Despite these challenges, Mercedes-Benz remains optimistic about maintaining sales levels and achieving a solid return on sales. Consumer behavior has not yet shifted significantly, but the company is adjusting its sales strategy, particularly in China, where it aims to double electric vehicle sales. Geopolitical tensions and trade dynamics are also key considerations for the company's future planning.

What strategies is Mercedes-Benz implementing to manage its product portfolio in 2023?

How is Mercedes-Benz preparing for potential geopolitical tensions affecting its operations in China?