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The Mercedes-Benz logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany, September 10, 2019. REUTERS/Ralph Orlowski/File Picture
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FRANKFURT, June 23 (Reuters) – Mercedes-Benz (MBGn.DE) denied a German media report that it was weighing a sale of its vans small business as the automaker strategies to place more strategic body weight on large-conclude motor vehicles.
The weekly Supervisor Magazin on Thursday claimed a doable sale of the vans enterprise – earlier noticed as sacrosanct – was remaining reviewed as a measure of final resort, citing supervisory board sources.
“This is pure speculation which we expressly deny,” a firm spokesperson explained when requested to respond to the report.
Mercedes-Benz said in May perhaps it would emphasis more narrowly on the luxury section and cut out some entry-amount models with decreased margins, aspect of a plan to set 75% of investment decision into top rated-stop autos and its maximum-advertising phase of C-Course and E-Class products.
(This story corrects typo in headline)
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Reporting by Ilona Wissenbach and Ludwig Burger Editing by Jon Boyle
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