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Business

Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance - CNBC

Mercedes shares fell more than 8% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.

By: CNBC
  • Sep 21 2024
  • 0
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Mercedes shares fell more than 8% Friday after becoming the latest carmaker to cut its guidance this year as sluggish demand in China and trade disputes weigh on the sector. The company said late Th… [+2849 chars]
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