Mercedes-Benz Lowers Margin Targets
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German premium automakerReuters
•Technology
Technology
Mercedes revising profit outlook downwards in sluggish car market, source says

81% Informative
The German premium automaker's management board will revise downwards the targets it set in 2022 by Feb. 20 .
In the best-case scenario, Mercedes will aim for profitability in a double-digit margin, source said.
The Handelsblatt business daily first reported on the plans to revise down the guidance.
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