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By ceasing its activities in our country, the German car manufacturer Mercedes-Benz faced impressive financial costs. Portal “AvtoVzglyad” provides details. Mercedes-Benz lost 1.4 billion euros after it closed
Mercedes-Benz lost 1.4 billion euros after it closed its activities in Russia in March this year. This is stated in the company’s financial report for the first half of 2022.
In early spring, the German automaker stopped deliveries of its cars to the Russian market, left the joint venture with KamAZ and limited assembly production of E-class passenger models at its plant in the Moscow region.
In monetary terms, the company’s total net profit for the half year decreased by 16% to 6.6 billion euros. In addition, the decline in the second quarter was 13.6% to 3.107 billion rubles.
Mercedes-Benz lost 1.4 billion euros after it closed its activities in Russia in March this year. This is stated in the company’s financial report for the first half of 2022.
In early spring, the German automaker stopped deliveries of its cars to the Russian market, left the joint venture with KamAZ and limited assembly production of E-class passenger models at its plant in the Moscow region.
In monetary terms, the company’s total net profit for the half year decreased by 16% to 6.6 billion euros. In addition, the decline in the second quarter was 13.6% to 3.107 billion rubles.
Source: Avto Vzglyad
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
