Germany: Daimler invests extra €1bn at Untertürkheim

Daimler is to invest an additional €980m (US$1.31bn) at its key Stuttgart-Untertürkheim Mercedes-Benz powertrain complex in 2012, following investments of €670m in 2011. According to the OEM, this reflects numerous production start-ups for new vehicles and a positive demand picture. The investments will be allocated to extension and conversion measures and to Subscribe to Automotive World … Continued

• By Webmaster
• November 25, 2011