by: Goodreturns
Mercedes revising profit outlook downwards in sluggish car market, source says
Mercedes-Benz will lower mid-term profitability targets for its passenger car business due to prolonged weakness in the market and the switch to electric-powered vehicles, a source familiar with the matter told Reuters on Tuesday.

Read the Full Reuters Article at:
https://www.reuters.com/business/autos-transportation/mercedes-revising-profit-outlook-downwards-sluggish-car-market-source-says-2025-01-07/
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