Mercedes cuts costs and invests to prepare for challenging years
February 21, 2025
Yesterday, Mercedes-Benz revealed plans to cut costs by several billion euros or 10% by 2027. Car production will be reduced from 2.5 million units to ±2.2 million in 2027. At the same time, the company wants to become “leaner, faster, and stronger”. Group earnings before interest and taxes (EBIT) reached €13.6 billion (2023: €19.7 billion), […]