Mercedes-Benz management warned that it plans to close one of its plants in Germany and move production to Eastern Europe if employees do not agree to cost-cutting measures. Wirtschaftswoche reports this, citing company sources, with UNN reporting, citing Bild.
According to the publication, management is demanding that employees give up some benefits, including vacation pay and Christmas bonuses, as well as reconsider the 35-hour workweek. Management believes that current conditions are making German plants less competitive amid
They sold their soul in China for short term profit.
Exactly what did they sell out? Exactly what technology did China "steal" from Mercedes?
Car manufacturing has been a global business for more than half a century. Should they just ignore a major emerging market?
During Covid they were making record profits,
Yes the Chip shortage had the effect that car prices increased, making each car more profitable to sell.
But the after effect was a near recession and inflation where profits and sales fell back. Only helped partially and regionally subsidizing EV sales.
They always kept laughing at Tesla and Chinese cheap EVs.
Doesn't change the fact that Mercedes today make the best electric cars on the market without comparison. So they must have done a heck of a lot more than just laughing.
No one wants the Mercedes expensive EVs…
That's an absolutely moronic claim, A Mercedes CLA is not much more expensive than a VW ID.4 here.
But yes compare to a Fiat 500 Mercedes is expensive, but that doesn't mean they don't have good value.