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Mercedes-Benz to cut costs due to waning China demand

Updated: 25-10-2024, 05.21 PM

Mercedes-Benz (MBG.DE) announces plans to implement additional cost-cutting measures to enhance profitability. The decision comes amid declining demand for European automakers in China, which has impacted the luxury car manufacturer’s earnings outlook.

Catalysts co-hosts Seana Smith and Madison Mills dive into the details.

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This post was written by Angel Smith

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