Mercedes Sells Dealerships in Berlin, Brandenburg
Mercedes-Benz is selling its car dealerships in Berlin and Brandenburg. This sale will cause many job losses. The company is changing its business model in Germany.
Mercedes-Benz has sold seven dealerships to Global Auto Holdings. The sale includes dealerships in Berlin and Brandenburg. Over 1100 employees will lose their jobs as a result. Bild reports that Kuldeep Billan has bought all of Mercedes-Benz’s car dealerships. Siemens is preparing to take over dealerships in Italy, and Carl Zeiss Meditec is planning to cut costs.
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Highlights
Mercedes Sells Dealerships
Mercedes-Benz sold its dealerships in Berlin and Brandenburg.
8000 Job Losses
The sale of dealerships will result in 8000 job losses.
Global Auto Holdings Buys
Global Auto Holdings bought seven Mercedes dealerships in Berlin and Brandenburg.
1100 Employees Affected
Over 1100 employees are affected by the dealership sale.
Siemens and Zeiss Cost Cuts
Siemens is preparing for a takeover and Carl Zeiss Meditec plans cost reductions.