UK: Mercedes dealers 'close to deal' - FT
According to a report in the Financial Times, Mercedes Benz car dealers indicated on Tuesday that they are 'close' to a settlement with DaimlerChrysler UK over its plans to radically restructure its UK distribution network. The company is in conflict with its dealers over plans to replace the current network with "market area concepts" requiring only 35 independent dealers instead of the current 155.
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