Mercedes-Benz to streamline production

Friday, 03. July 2020 15:49

Mercedes-Benz AG announced on Friday it intends to streamline its global production network.

The automaker said it will do so by focusing on "the electrification of its product range and digitalization of vehicles and company processes," while also taking "numerous measures to sustainably improve its cost structure."

As a part of the new plan, Daimler's subsidiary stated it will start talks on the sale of its car assembly plant in Hambach, France.

Related Links: Daimler AG
Author:
Breaking the News / MD