
Mercedes-Benz Abandons Separate EV Lineup
Mercedes-Benz has made the decision to abandon its separate electric vehicle (EV) lineup, marking a significant shift in the company's automotive production strategy. Instead of developing specialized models exclusively for the electric segment, the premium car manufacturer intends to integrate electric versions of its existing models into its main product lineup. This strategy aims at more efficient use of resources and optimizing production, as well as simplifying choices for customers.
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IRS Increases 401(k) and Other Retirement Plan Contribution Limits for 2025
Important news for workers and employers: The Internal Revenue Service (IRS) has announced an increase in contribution limits for retirement plans, including popular 401(k) accounts. This increase, set to take effect in 2025, will allow workers to more effectively accumulate funds for their retirement.
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