Frankfurt: Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits plunged by almost a third amid a slump in China and weak electric car sales, as Germany's auto sector reels.
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The German auto giant’s net profit fell 28 percent from the previous year to 10.4 billion euros ($10.8 billion). Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits ...
Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits plunged by almost a third amid a slump in China and weak electric car sales, as Germany's auto sector reels. The German ...