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Mercedes-Benz: stabilising supply chains boost orders, subdued economy still weighs
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investing.com(Reuters) — Mercedes-Benz forecast on Wednesday a subdued world economy with monetary policy weighing on consumers even as supply chain issues and energy price pressures eased, as it raised its group earnings outlook for the full-year.
The premium carmaker said its direct sales model being rolled out in new markets was lowering inventory and order intake was stabilising, adding it now expected unit sales at Mercedes-Benz Vans «significantly above» last year's levels.
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