Mercedes-Benz halts German investments, weighs plant closures
Investment freeze: Mercedes-Benz has stopped all new spending at German plants due to high costs and failed labor negotiations.
Closure threat: One assembly plant and one powertrain facility could shut if cost-cutting targets are not met.
Union resistance: IG Metall rejects longer hours without pay and plans strikes amid stalled talks.
Mercedes-Benz halts German investments, considers plant closures
Mercedes-Benz has officially suspended all further investment in its German facilities, citing high domestic labor costs and stalled negotiations with unions and works councils. Production chief Michael Schiebe warned that without cost reductions, one vehicle assembly plant and one powertrain facility could close. Board member Britta Seeger emphasized that while closures are not preferred, the company must now examine which sites can remain viable, with production potentially shifting abroad if costs stay high.
My Comments: This is exactly what the British wanted - to cut Germany down to size. Ever since the Ukraine War began the Germans have lost their cheap Russian gas, they have lost supply chains and markets. Now they are closing Mercedes factories.
And assisting Germany in this assisted suicide is Reichskanzellor Merz von Quisling.
