www.bloomberg.com
Mercedes-Benz has commenced production of its fully-electric GLB compact SUV in Hungary. This strategic move is part of the automaker’s broader effort to reduce manufacturing costs and streamline operations. The decision comes as the industry faces increasing pressure from intensifying competition, particularly from Chinese manufacturers, and the looming threat of potential tariffs. By shifting production to Hungary, Mercedes aims to maintain its competitive edge in the evolving automotive landscape.
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