Mercedes-Benz: No plans for new acquisitions

Friday, 23. September 2022 13:45

Mercedes-Benz Chief Executive Ola Kaellenius confirmed on Friday the company isn't planning new acquisitions as part of its strategy to reposition as a luxury carmaker.

The explanation comes in the wake of Mercedes-Benz's recent partnership with electric car maker Rivian Automotive on the development of large electric vans.

In a separate statement, Mercedes-Benz production head Joerg Burzer said the company has prepared to reduce gas consumption by up to 50% even though it hasn't still moved from the reached 10% reduction.

Related Links: Mercedes-Benz Group
Author:
Baha Breaking News (BBN) / ND