Mercedes-Benz Retail Group has posted a £35.8m loss for the year ended December 2019, up from a £21.2m loss in 2018. Turnover was broadly even at £1bn. The retailer blamed a £17.1m write off related to a re-evaluation of its properties, and a targeted 20% reduction in low-margin corporate business. Reduced customer demand and MBRG’s […]

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