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News 2026-10-28 06:56 UTC

Mercedes-Benz to Accelerate Efficiency Drive as Market Conditions Worsen

By Dominic ChoppingMercedes-Benz said Wednesday that it would push ahead with plans to become more efficient as market conditions have continued to deteriorate.The German luxury-car maker on Tuesday cut its expectations for the year, warning of a worsening market in China and higher costs in the fo…