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Mercedes Benz

Mercedes-Benz USA buzz-saws budgets in belt-tightening, pink-slips sales managers

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Mercedes-Benz USA CEO Dimitris Psillakis told employees at a Jan. 21 town hall that austerity is required as the automaker braces for headwinds globally in the next few years, a person who attended the meeting said. (FILE PHOTO)
UK
By:
Urvaksh Karkaria
February 11, 2025 02:00 PM

Mercedes-Benz has ordered major markets, including the U.S. and China, to slash costs by about 25 percent, three people familiar with the matter told Automotive News.

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