The automobile market remains in the middle of a structural modification. At the very same time, the war in Ukraine, inflation, supply limitations and the chip crisis are a problem on producers and providers worldwide. Mercedes-Benz is now tossing it away.
Mercedes-Benz is transforming itself within the present style shift in the automobile market towards electrification: high-end instead of mass, friction and Maybach. The modification likewise consists of sell Brazil. Countless employees have actually been impacted.
As Mercedes-Benz revealed, 3,600 staff members in Brazil will be laid off as part of the restructuring of the group: 2,200 staff members will be made redundant with momentary agreements and a more 1,400 individuals will not be included. The truck and bus chassis factory in Sao Bernardo has actually been impacted by the steps. The steps entered result from December, it was stated.
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According to Mercedes-Benz, in this context it showed that the production of front axles, transport in addition to devices and upkeep services are contracted out. According to the vehicle maker, the procedures are because of the pressure of increasing expenses. Altering international market conditions likewise contributed.
Mercedes shares are flat
Mercedes shares have actually lost almost 12 percent this year, however are now up somewhat. MACD (Momentum) is likewise increasing once again, supporting the healing. The technical scenario in the chart just enhances when the resistance around EUR 61 is broken once again.
The success of Mercedes can be seen by a stock purchase share. Brave financiers can benefit by a Buy CFDs share.
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