Tag: Mercedes

How the Net Zero Deindustrialization Just Hit Mercedes as They Need $800 Million in Labor Savings

Clark Savage2

Mercedes-Benz is no longer talking about “transformation.” It is talking about survival in Germany. WirtschaftsWoche, citing three people familiar with the talks, reports that Mercedes wants about €800 million in German labor-cost savings — roughly $911 million at current rates. Options on the table include longer hours without extra pay, cuts to holiday and Christmas […]

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Week Recap: Exxon’s Expansion, EV Challenges, and Tesla’s Triumphs

Clark Savage128

Weekly Daily Standup Top Stories EV Sales Slump: A Global Reality Check December 8, 2024 Clark Savage Global EV sales are slowing down due to high prices, concerns about charging infrastructure, and reduced government subsidies. Major automakers are scaling back production plans and announcing job cuts in response to the weaker demand. […] Revolutionary! Mercedes-Benz solar paint […]

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