Mercedes-Benz is selling all of its company-owned dealerships in Germany, with around 8,000 jobs affected by the transaction. The buyer is reported to be Canadian entrepreneur Kuldeep Billan, though the deal has not been officially confirmed by Mercedes-Benz. This sale includes all Mercedes-Benz dealerships in Berlin and Brandenburg, as well as other locations across Germany .
The transaction appears to be part of a broader strategy to restructure Mercedes-Benz’s retail operations, shifting away from direct ownership of dealerships. The sale is expected to impact thousands of employees, though specific details about the timeline or terms of the acquisition remain undisclosed .