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Mercedes-Benz to halt investments in Germany as it weighs plant closures

FinanceInternationalSWI swissinfo.chAI summary
Image: SWI swissinfo.ch

Mercedes-Benz announced it will halt all investments in its German plants and is examining factory closures, amid stalled negotiations with unions over cost cuts. The German manufacturer is going through a crisis, according to the announcement issued on Thursday.

In 20 seconds

  • Mercedes-Benz will halt all investments in its German plants
  • The company is weighing factory closures in the country
  • Negotiations with unions over cost cuts are stalled
Read the full story at SWI swissinfo.ch

IASummary generated by artificial intelligence from a story by SWI swissinfo.ch. It may contain errors: the original source prevails.

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