Daimler said on Tuesday it will cut fixed costs, capital expenses and research-and-development spending by more than 20% by 2025 compared with 2019 levels as part of a strategy overhaul to reposition Mercedes-Benz more upmarket as a luxury brand.
The company’s ambition is to achieve a double-digit return on sales margin by doubling sales of Maybach-branded cars, and ramping up sales of AMG and G-Wagon derivatives of the Mercedes brand, Daimler said.
“We will pursue higher portfolio profitability, we will steer by contribution margin, we will move (the) existing portfolio margin up and move capital to luxury and high-end products,” Chief Financial Officer Harald Wilhem said in a virtual presentation of the company’s strategy.
By 2025, Mercedes-Benz AG aims for a return on sales within a mid to high single-digit range, even under unfavorable market conditions, the carmaker said.
Daimler has already cut costs as the coronavirus pandemic led to a slump in sales and operating losses in the first and second quarters.
To counter losses, Mercedes-Benz stopped building sedans in the United States to focus on more profitable SUVs, combined its fuel cell development with Volvo Trucks, and halted an automated development alliance with BMW.
Mercedes-Benz Will Reduce Costs By 20% To Increase Profits
07/10/2020
21 Comments
Mercedes-Benz | Mercedes-AMG
Click to rate this post
[Total: 2 Average: 4.5]
Georgeevarf
I recently read a solution to a similar problem on the link: [url=https://lksvzhb.space/world/]https://lksvzhb.space/world/[/url]
This problem has a known solution, for example here: https://onemorephrasehere.online/greece/
I consider you as my teacher and I thank you for your videos. Tell me, do you expect me to continue our conversation in personal correspondence or can we communicate here? I want to fulfill my promise, I agree with you, there is a solution, I read about it [url=https://szcjk2zoci.site/hotels/]in this text[/url]
[url=http://comhotel.ru/product/matrasy-coton-comfort-simple-plus-vj-394/]Travel outside Canada[/url]
[url=https://acharefacil.com.br/ALUGUELDEVANEMBRASILIA]Julia Bradbury meets Pioneer Beryl Vincent with Ramblers Walking Holidays[/url]
[url=https://www.moy-recept.ru/rec/1495]My Travel Bucket List[/url]
[url=https://dvinvest.com.br/aprenda/blog/investindo-em-acoes-com-estrategia-e-disciplina]Short Travel Stories[/url]
[url=http://comhotel.ru/product/gladilnyi-tsentr-crown-696/]Bulgarian Pulls Chainsaw on Me![/url]
[url=http://bedrooms.sk/spolubyvajuci/204/zdielana-muz-student-nepriechodna]English for Hotel and Tourism[/url]
[url=https://www.megamartbd.com.bd/product/singleproduct/117]TOP 3 EU Countries – Salaries[/url]
[url=https://www.243tech.com/tutos-html-css/logiciels-et-installation/]Descarga de la aplicacion Radon Hotels – Gratis – 9Apps[/url]
[url=https://acharefacil.com.br/ALUGUELDEVANEMBRASILIA]Search Cheap Hotels in South Houston, TX on cozycozy[/url]
[url=https://www.ncaseao.org/blog-detail/government-nca-s-eao-hold-informal-meeting-to-discuss-the-peace-process]Discover P&O Cruises[/url]
[url=https://losguerrerosdeoracion.com/?dwqa-question=what-to-do-in-santorini-on-a-budget]What To Do In Santorini On A Budget[/url]
[url=https://losguerrerosdeoracion.com/?dwqa-question=naxos-travel-guide-top-10-things-to-do-4k]NAXOS Travel Guide – Top 10 things to do – 4K[/url]
[url=https://mdl.com.au/tools-resources/special-conditions/?status=validation_failed&fields=First%20Name,Last%20Name,Email%20Address,Phone%20Number&values%5Bpost_id%5D=1105&values%5BFirst%20Name%5D&values%5BLast%20Name%5D&values%5BEmail%20Address%5D&values%5BPhone%20Number%5D&values%5BMessage%5D=When%20you%20and%20I%20first%20met%20at%20the%20master%20class,%20I%20was%20struck%20by%20your%20life%20energy!%20Ill%20wait%20for%20you%20to%20continue%20the%20story,%20it%20was%20very%20interesting.%20And%20yet,%20to%20fulfill%20the%20promises%20of%20the%20previous%20article:%20I%20recently%20read%20a%20solution%20to%20a%20similar%20problem%20a%20href=https://asfjkda.space/world/On%20the%20link/aI%20consider%20you%20as%20my%20teacher%20and%20I%20thank%20you%20for%20your%20videos.%20Tell%20me,%20do%20you%20expect%20me%20to%20continue%20our%20conversation%20in%20personal%20correspondence%20or%20can%20we%20communicate%20here?%20I%20want%20to%20fulfill%20my%20promise,%20It%20seems%20that%20this%20problem%20is%20discussed%20a%20href=https://qakvk.online/what/Here/aI%20consider%20you%20as%20my%20teacher%20and%20I%20thank%20you%20for%20your%20videos.%20Tell%20me,%20do%20you%20expect%20me%20to%20continue%20our%20conversation%20in%20personal%20correspondence%20or%20can%20we%20communicate%20here?%20I%20want%20to%20fulfill%20my%20promise,%20Try%20the%20solution%20described%20a%20href=https://lksvzhb.space/iceland/Here/a%20%20a%20href=https://www.megamartbd.com.bd/product/singleproduct/147CAPE%20COD%20&%20THE%20ISLANDS%20-%20Wildsam/aa%20href=https://melmii.mn/post/8Reference%20Section%203/aa%20href=https://losguerrerosdeoracion.com/?dwqa-question=national-geographicNational%20Geographic/aa%20href=http://comhotel.ru/product/orhideya-falenopsis-mini-belaya-v-keramicheskom-kashpo-337/Be%20a%20Smart%20Traveler:%2011%20Tips%20For%20a%20Week%20of%20International%20Travel%20(Packing%20List)/aa%20href=https://dvinvest.com.br/aprenda/blog/conheca-os-mercados-a-vista-e-fracionario-e-saiba-suas-principais-diferencasbecoming%20a%20backpacker:%20my%20first%20solo%20trip/aa%20href=http://comhotel.ru/product/detskii-pelenalnyi-stol-dlya-gostinits-i-otelei-710/How%20to%20Travel%20Indonesia%20-%20Complete%20Travel%20Guide/aa%20href=http://kousaiclub-sp.com/club/54A%20Prayer%20For%20A%20Safe%20Travel%20HD/aa%20href=https://devojcicasmile.rs/43-muzika-i-kontrola-gubljenja-cula-cujete-li-seksOne%20Day%20in%20Santorini,%20an%20Itinerary%20for%20Cruise%20Passengers%20&%20Day%20Trippers/aa%20href=https://dvinvest.com.br/aprenda/blog/topo-duplo-saiba-como-identificar-e-tirar-proveito15%20Most%20Unique%20Beaches%20In%20The%20World/aa%20href=https://www.megamartbd.com.bd/product/singleproduct/27awesomepic%20on%20Trip%20MomentsHOST%20Travel%20Guide/aa%20href=https://dvinvest.com.br/aprenda/blog/tipos-de-acoes-e-seus-codigos-de-negociacao100,000%20Art%20Competition%20-%20Day%202/aa%20href=https://foodbook.me/en/profile/bascarsijaWhat%20is%20the%20Meaning%20of%20True%20Love?/aa%20href=https://heritage-digitaltransitions.com/material-types/medical-scientific-custom/?tfa_next=%2Fforms%2FlegacyView%2F5057730%2Feff8499455fbaca9538550c2e4b94f83%2F328460856%3Fjsid%3DeyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.IjU4YWQ2YzU0ODIwZDgyYzM4OTgzOTFiZjJiNTUwZjI5Ig.q8vpIVhoLYFax3mJWw8LVg6cSIr2FSTDHX_6e2wXGqQ7%20Travel%20Anxiety%20Tips%20From%20a%20Psychiatrist/aa%20href=https://losguerrerosdeoracion.com/?dwqa-question=crash-adams-destination-visualizerCrash%20Adams%20-%20Destination%20(Visualizer)/a%201ddaf2f%20&values%5BSubmit%5D&values%5Bcaptured%5D=https://mdl.com.au/tools-resources/special-conditions/]Crafty Tricks That Catch Caribbean Cruisers Out (Again & Again!)[/url]
[url=https://heritage-digitaltransitions.com/phase-one-rainbow-multispectral-imaging-solution/?tfa_next=%2Fforms%2FlegacyView%2F5057730%2F348e1a164b359e4bc672e6ed876415bd%2F333754339%3Fjsid%3DeyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.ImVhMzUzZjRkNzMxNmRiMmFmODNkNTc3ODY2YmViMTg2Ig.K5BgS1wZbP-WuHyGXU-NNtDhnCTqhxDRpSmYZo3Zz-E]Learn Greek – Free, Fast & Effective – FunEasyLearn[/url]
7050156