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28 Apr
16:50

Mercedes-Benz Group bets on high-end BEVs amid uncertain outlook

Mercedez-Benz Group expects overall growth momentum of the global economy to remain “rather subdued” for the rest of the year, as new uncertainties strike 2023’s outlook. High inflation in many markets and restrictive monetary policies at major central banks are likely to continue to weigh on growth, the company said during its Q1 results presentation. Additionally, it cited the recent turbulence in US and European banking sectors and geopolitic…
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