German automotive giant Mercedes-Benz has failed in an attempt to delay legal proceedings brought by Aussie dealers, who claim it is forcing a change in business model that will wipe out $650 million of goodwill.
Mercedes-Benz had attempted to push the hearing back several months despite its new business model set for launch in less than two months’ time.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
