Mercedes sells 25 dealerships in Europe worth 1 billion euros

Mercedes-Benz has put up for sale 25 dealerships and workshops in Europe, mainly in Belgium, Britain and Spain, in order to raise € 1 billion, but also to reduce its operating costs.

The German company intends to sell these facilities to either independent traders or investors, with each facility costing around 30-40 million euros.

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Mercedes is seeking guarantees to ensure that the new owners of the facility retain a staff of 2,800.

With the sale of dealerships and workshops, Mercedes, in addition to reducing operating costs and adding “hot” money to its coffers, will no longer have to waste money on their maintenance, but will also remove their employees by its staff.


Source: Autoblog.gr by www.autoblog.gr.

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