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Mercedes-Benz freezes German investments as plant closures loom
Detailed summary
Mercedes-Benz halts all further investment at German facilities and examines plant closures amid high costs and stalled labor-cost talks.
Mercedes-Benz (MBGAF) has halted all further investments at its German facilities and is examining potential plant closures as mounting manufacturing costs and stalled negotiations with labor representatives deepen pressure on its domestic operations.
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