Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings

  • Posted on February 20, 2025
  • By CNBC
  • 3 Views
Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings

Mercedes-Benz announced further cost-cutting and a shift away from EVs in a bid to revive margins as the company braces for a sharp drop in earnings in 2025.
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CNBC

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