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Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition

Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition




The luxury-car maker’s web revenue halved within the third quarter and it mentioned profitability in its foremost automobiles enterprise was weaker resulting from softer pricing and decrease gross sales of its higher-margin fashions.

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Written by EGN NEWS DESK

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