By Benjamin Chiou
Date: Friday 20 Sep 2024
(Sharecast News) - Shares in Mercedes-Benz Group tanked on Friday after the German auto giant scaled back its full-year guidance due to ongoing struggles in the Chinese market.
Adding to the more woes in a deteriorating Germany manufacturing sector, Mercedes-Benz said adjusted return on sales will be between 7.5% and 8.5%...
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