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Mercedes-Benz Group Q4 2023 results

Revenue for the cars division was down but up for vans and mobility, writes Jonathan Storey

Having previously cautioned that full-year earnings would be at the lower end of its forecast range, there were no great surprises in Mercedes-Benz group's fourth-quarter results. The company expects a weaker performance in 2024, pointing to an 'exceptional degree of uncertainty' in regard to macroeconomic developments and geopolitical events and trade policy.

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