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Mercedes-Benz ($MBG) may leave Germany. The car giant freezes all new investments and allows the closing of factories in Israel.

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Mercedes-Benz ($MBG) may leave Germany. The car giant freezes all new investments and allows the closing of factories in Israel.

Mercedes-Benz ($MBG) may leave Germany. The car giant freezes all new investments and allows the closing of factories in Israel.

The reason is the cost of labor: an hour of work in German factories in some places costs five times more than in Eastern Europe.

Since the beginning of the year, the Mercedes share has lost about a third of its value.

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