Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance

Mercedes shares fell more than 8% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.

Sep 20, 2024 - 18:00

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Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance

Mercedes shares fell more than 8% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.

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