BusinessDW
Mercedes-Benz halts all further investment at German facilities
The announcement comes as the luxury German automaker faces increasing pressure from the works council and trade unions.
"The executive board has jointly decided to halt all further investments in German sites," Mercedes board member Michael Schiebe said in a memo on the company's intranet that was seen by the AFP news agency.
The announcement comes as the luxury German automaker faces increasing pressure from the works council and the IG Metall trade union.
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