Mercedes CFO Warns of Tougher Measures After Weak Q3

The German luxury carmaker Mercedes-Benz faces a stark reality. Its profits have nosedived by half in the third quarter of 2024. This sharp decline has prompted the company to take swift action. Mercedes-Benz now plans to ramp up its cost-cutting measures. The automotive giant’s financial woes stem from several factors. Weak demand in key markets […]

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