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Mercedes-Benz to halt ‘all future investments’ in Germany
Mercedes-Benz halting all future investments in Germany signals major capital retreat.
Context
What happened: Mercedes-Benz said it will halt all future investments in Germany and warned that plant closures are an option in its stand-off with unions over reducing labour costs.
Why it matters: The move escalates the carmaker's dispute with unions over labour costs and puts German plant sites at risk of closure.
Coverage: 4 outlets in 24h
What changed
Mercedes-Benz said it will halt all future investments in Germany and warned that plant closures are an option in its stand-off with unions over reducing labour costs.
Why it matters
The move escalates the carmaker's dispute with unions over labour costs and puts German plant sites at risk of closure.