<ul><li>Mercedes-Benz and its subsidiaries are trimming their workforce in China by 15 per cent.</li><li>The sales and finance divisions, Mercedes-Benz Automobile Finance and Beijing Mercedes-Benz Sales Service, will face the maximum brunt of the job cuts.</li><li>The decision to downsize comes as Mercedes-Benz aims to cut costs and focus on petrol and diesel cars, reducing the number of electric vehicles in its latest range of offerings.</li><li>Porsche, another German luxury car maker, had also planned to trim its workforce in China by 30 per cent amid slow sales and decreasing demand for luxury cars.</li></ul>

Mercedes-Benz to trim workforce in China by 15%

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