17
Feb
16:40
Mercedes-Benz Group’s profit rises 34% as EV transformation gathers pace
Mercedes-Benz Group posted on Friday a 34% rise in net profit during 2022, driven by higher electric vehicle sales, increased focus on high-end cars and vans, and tight cost control.
The German automotive company saw its net profit increase to €14.8 billion ($15.8 billion) in the first year after the Daimler Truck spin-off. Revenues grew 12% year-on-year to €150 billion, with the group’s electric portfolio now including nine all-electric cars and …
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Anonymous
Very good overview of the weekly steel market.
Anonymous