The Wall Street Journal
Porsche to Cut 5,000 More Jobs After Sales Collapse in China — Move is part of new CEO’s efforts to revive the fortunes of the storied automaker.
Mercedes-Benz Cuts Sales Guidance Amid Worsening Chinese Market — China car sales plunged 30%, offsetting growth in all other regions.
The Financial Times
Mercedes-Benz cuts annual forecast amid China slump — German carmaker joins Volkswagen and BMW in warning on tougher Chinese market.
CXMT’s bl
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