The gloomy clouds that once dangled only over the southern parts of Europe have now moved across the continent and are affecting more and more companies, including Mercedes-Benz that has cut one of the two production shifts it normally runs for its current generation S-Class at the Sindelfingen plant in Germany.
The decision was made after European sales of its flagship model dropped by 27 percent to 5,227 units in the first eight months of the year, according to data provided by market researchers JATO Dynamics.
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