Comment: Mercedes urgently needs an agreement on labour costs in Germany
The company's long-term plans are convincing. But in the short term, too, CEO Källenius must deliver. Despite the profit warning, there are hopeful figures in the balance sheet.
Mercedes-Benz CEO Ola Källenius presented the company's nine-month figures to analysts, addressing external speculation about its strategic plans for 2030 and beyond. He announced a comprehensive update for the next year. Källenius aims to revamp parts of the company's car production by switching to a modular system, making production cheaper and faster.
Mercedes is also working on autonomous and automated driving systems, with a city assistant to be launched in Germany in 2027. The company has issued a profit warning despite a 21% increase in profit.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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