> STOCKSHOTS: Headquarters of German car maker Mercedes-Benz / 96H66B
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STOCKSHOTS: Headquarters of German car maker Mercedes-Benz / 96H66B
Clip ID 2270448
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h264 | 1920x1080 | 111.93 MB
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Description
Stockshots of various buildings at the headquarters of Mercedes-Benz, (formerly Daimler) in Stuttgart, as the German luxury carmaker says its profits plunged by almost a third last year amid a sales slump in China and a slowdown in its electric car business, and announced a cost-cutting drive.
The German car giant's net profit fell to 10.4 billion euros ($10.8 billion), down 28 percent from 2023, and it said it planned to cut production costs by 10 percent by 2027.
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