Tuesday, October 6, 2020

Mercedes maps out push to lift profits during EV shift

Daimler said it will cut fixed costs, capital expenditures and R&D by more than 20 percent by 2025 compared with 2019 levels as part of a strategy overhaul of its Mercedes-Benz passenger car business.



from Section Page News - Automotive News https://ift.tt/3d5sbsI

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