Mercedes Benz
- Europe
Mercedes reveals plans to cut costs by several billion euros per year
Mercedes has revealed plans for substantial cost cuts of several billion euros in the coming years. However, specific details on…
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Mercedes profits driven down as Chinese demand slows
The German automaker is pledging to cut costs through ‘efficiency increases’ after weak Chinese demand hits profits. ADVERTISEMENT Profits at…
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Mercedes-Benz seeks to plug gap with own battery recycling factory
Mercedes is opening its own battery recycling plant in southern Germany, in an attempt to recover raw materials such as…
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What is behind the huge drop in Mercedes’ share prices?
The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for…
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