Mercedes-Benz Cars To Slash 1 Billion Euros In Costs By 2022

www.oann.com | 4/6/2016 | Staff
FRANKFURT (Reuters) – Daimler shares fell sharply on Thursday after the German carmaker said tougher emissions rules will hit earnings in 2020 and 2021 forcing it to seek more than 1 billion euros in personnel cuts at Mercedes-Benz Cars by end of 2022.

The company said it expects...
(Excerpt) Read more at: www.oann.com
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