Daimler to invest EUR1.5 billion in Mercedes-Benz Sindelfingen Plant  [ Germany ]

Daimler announced on July 30 that it will invest 1.5 billion euros in the Mercedes-Benz plant in Sindelfingen, Germany. The company has reached a multi-year agreement with the Works Council on cost reductions in a triple-digit million euro amount. In return, Daimler will invest billions of euros in the modernization of the plant and will produce another model in Sindelfingen. It has been also a...
<Aug 01, 2014>