Kang Linsong, CEO of Mercedes-Benz Group, said that the company is implementing the “100% China, for China” strategy, and the new electric Mercedes-Benz E-Class will be the first model produced in China. Mercedes-Benz is trying to restore profitability by cutting costs and increasing productivity, and China remains at the core of its plan to turn losses into profits.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.