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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 It’s time to log … Continued

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

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