đš Mercedes' results have just been released, and it's a disaster...
â Turnover: âŹ34.5 billion (-6.7%)
â Net profit: âŹ1.72 billion (-54%!)
â Operating profit: âŹ2.5 billion (-48%)
The CFO admits: "These results do not meet our ambitions".
The group announces "billions of savings" to come, only protection: no forced layoffs in Germany before 2030.
The automobile market is collapsing everywhere in Europe, it's pretty crazy...
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