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Mercedes-Benz plans substantial cost cuts

STUTTGART: German automaker Mercedes-Benz said on Thursday that the company plans to cut costs following weakening business. "In the coming years, we will reduce our costs by several billion euros a year," a...

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BMW reports higher third quarter profit

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Euro zone economic recovery in danger as COVID-19 resurgence hits service industries

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UK car output falls by nearly half in August

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Euro zone business growth halts as services reverse

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Investors slash $50 billion from Tesla market value

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Germany plans reform to avoid bankruptcy wave due to COVID-19

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German industry’s post-lockdown recovery slows

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India open to raising duties on auto imports to boost local production

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Tesla’s surge inspires fans to buy and sceptics to dig in

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Fiat Chrysler considering Foxconn JV on e-cars

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US economy expands modestly but trade tensions weigh: Fed

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Tesla says plans to open China design and research centre

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General Motors moves over 1,350 temporary workers to full-time jobs

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Hyundai, Kia invest $110m in UK electric van startup Arrival

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Renault, Nissan share ‘real desire’ to make alliance work

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