July 3, 2020 / 1:16 PM / a month ago

Daimler's Mercedes-Benz to streamline global production network

FRANKFURT, July 3 (Reuters) - Daimler’s Mercedes-Benz is seeking to streamline global production, the German carmaker said on Friday, resulting in a restructuring charge of hundreds of millions of euros in the second quarter.

As part of that effort, it is exploring the sale of a car assembly plant in Hambach, France, it said.

Reporting by Tom Sims; Editing by Susan Fenton

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