Mercedes-Benz 2024 car sales fall in tough year for automakers
Mercedes-Benz's car sales fell by 3% in 2024, significantly impacted by a 7% decline in China and a 3% decrease in Europe. Sales of battery-electric cars dropped 23% to 185,100 units, increasing pressure due to new EU CO2 emission targets. The carmaker reduced its profit margin forecast twice and plans further cost reductions.
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