Mercedes-Benz has announced a cost-cutting initiative after profits fell by nearly a third, driven by a slowdown in its electric vehicle (EV) business.
Mercedes-Benz has announced a cost-cutting initiative after profits fell by nearly a third, driven by a slowdown in its electric vehicle (EV) business.
Under proposals being considered by ministers to ease rules encouraging a shift to fully electric cars, hybrid vehicles could remain on sale in the UK until 2035.
The head of Mercedes-Benz, a leading German automotive manufacturer, has announced that the company will continue producing gasoline cars well into the 2030s.