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Reuters

Reuters

Technology

Technology

Mercedes revising profit outlook downwards in sluggish car market, source says

Reuters
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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.

VR Score

92

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97

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formal

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English

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short-lived

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