Auto Blog- Mercedes-Benz Courtney Chu

I will not invest in the Mercedes-Benz stock because the company is currently in debt and the company has lost 3.52 billion dollars this past year. The sales growth over the last 12 months has also decreased by 19.8%. I also feel that the company's new car that they have just released in order to boost sales over-seas will not be a huge success. According to the article, "Mercedes-Benz sports car launched in Saudi", Mercedes has launched their new sports car in hopes that car would boost sales. However, in an economic slowdown, an economic slowdown such as today, people would most likely fail to purchase higher priced cars. Also, Mercedes is a well known vehicle that uses a lot of fuel, and people are not looking for a gas guzzling vehicle during our time of economic crisis.  Buying into this stock would most likely end in a loss of money instead of a profit.