Mercedes-Benz has signaled potential factory closures in Germany if the company fails to cut costs to stay competitive in the global automotive market. The warning came directly from the automaker’s production chief, highlighting financial pressures amid rising production expenses. Workers at affected plants were informed of the risk, underscoring the stakes in ongoing negotiations over cost-saving measures. The move reflects broader industry challenges as automakers balance efficiency with labor demands.
Mercedes production chief warned workers that two German facilities could close unless the automaker secures cost reductions to remain competitive globally.
