Following is a transcript of the video. Narrator: This here is the Vision AVTR, Mercedes' futuristic concept car inspired by the movie "Avatar." The car replaces multiple basic controls in the ...

German automaker Mercedes-Benz has announced a plan to cut multi-billion euros in costs in response to a deteriorating business environment, according to a report by dpa-AFX posted on MarketScreener.

The German automotive sector faces major challenges, including high energy costs, inflation and the costly investments involved in the electric transition. Mercedes-Benz, like its competitors BMW ...

Mercedes says the AVTR (Advance Vehicle Transformation) concept ‘embodies the vision of Mercedes-Benz designers, engineers and trend researchers for mobility in the distant future.’ ...

Mercedes-Benz justified the cost-saving measures by citing the volatile global economic situation. Credit: sylv1rob1/Shutterstock. German automaker Mercedes-Benz has announced a plan to cut multi ...