Mercedes-Benz Frees Up Cash to Build Electric and Autonomous Vehicles

Bob Leonard - Climate Risk Manager 03.11.2020


Mercedes-Benz is embarking on a sweeping cost cutting plan to free up cash to build electric and self-driving cars, a step which could see entire engine families and platforms eliminated, Daimler board member Markus Schaefer said on Tuesday. “We will review our current lineup and the idea is streamlining the portfolio,” Schaefer said in a conference […]


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