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Mercedes-Benz has several gas-cutting plans in its back pocket, a production chief said
BERLIN (Reuters) - Mercedes-Benz plans to cut its fuel consumption by 50%, but has not yet cut it beyond 10%, Mercedes-Benz's chief executive said on Friday. "We are ready to do this at any time," Burzer said on the sidelines of the opening of the new digital training school in Berlin. "Let's see what comes." CEO Ola Kaellenius said in July that a 10% gas reduction had already been achieved and that a reduction of up to half could be applied. Still, any contingency plan to prevent production shutdowns depends on the supplier network that manages to deliver the parts, Burzer warned. The comments were echoed Thursday by Volkswagen (ETR: VOWG_p ) executives who said the carmaker is considering short-term measures such as stockpiling parts on ships and trains and, in the medium term, in -turn to foreign suppliers if European suppliers cannot withstand the pressure. high gas prices. Volkswagen says it has already reduced its gas mileage by more than 20% and could further reduce it by up to two percent. Source: Investing.com #MercedesBenz
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