Mercedes plans to cut costs by several billion euros per year, reports Handelsblatt

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BERLIN : Mercedes-Benz plans to cut costs by several billion euros per year in the coming years, the Handelsblatt newspaper reported on Thursday, citing a spokesperson for the German carmaker.

According to Handelsblatt, the spokesperson left open exactly how the costs are to be cut and did not answer questions about possible job cuts.

FILE PHOTO: The logo of Mercedes-Benz is seen outside a Mercedes-Benz car dealer in Reze near Nantes, France, March 27, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFrance

Topics: Mediacorp Seen File Handelsblatt Photo: Spokesperson Logo Experience 2024 Mercedes-benz Costs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 20:47:28 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 127 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23739294

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