Tag: "Haxaco"
Vietnam’s top Mercedes-Benz dealer reports profit drop amid luxury auto slump

Vietnam’s top Mercedes-Benz dealer reports profit drop amid luxury auto slump

Economy 09:48 06/08/2025

Haxaco, Vietnam’s leading Mercedes-Benz distributor with an estimated 40-percent market share, reported a significant drop in both revenue and profit in the second quarter of 2025 as demand for luxury vehicles continued to falter.