MERCEDES READIES 2030 STRATEGY UPDATE WITH CHINA AT ITS CORE
NEWS Desk Global
50 minutes ago
1 min read
Mercedes-Benz is preparing a broader strategy update for 2030 and beyond, with China to remain a central pillar of its long-term plans, CEO Ola Källenius said, even as the carmaker works to reduce its reliance on the market.
The German premium automaker will provide a more comprehensive strategic update next year, including a detailed review of its China business, after a much steeper-than-expected downturn in the world's biggest auto market weighed on earnings.
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