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2011

Latest Mercedes-Benz News

Daimler Expects Good January Sales Figures from Mercedes-Benz

Daimler is expecting Mercedes-Benz to continue its excellent figures from 2010, carrying it over to continued growth for January of this year. Merc passenger car head honcho Dr. Joachim Schmidt spoke at an event near Stuttgart, in Sindelfingen. “I hope we will see double-digit growth again in January,” said Schmidt. He cited the continued positive sales growth in the number one automotive market in the world, China. This despite the recent introduction of new restrictions regarding registrations of new vehicles in the Chinese capital of Beijing. The restrictions took effect only this January 2011. Even with the continued growth in China, Daimler is not expecting the same of green car… Continue Reading »

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Mercedes-Benz to Invest 35M Euro in Turkey for 2011

Mercedes-Benz Türk is set to spend big in Turkey this year, with 35 million euros already in place as part of the company’s investment in the country. The amount is even bigger than the 30 million euros invested the previous year, and it was confirmed by the company’s top executive. “In the 2009 to 2010 period, we invested mainly in our Hosdere factory in Istanbul. Now we will develop the truck manufacturing plant with 25 million euros and allocate 5 million to various improvements in the Hosdere plant,” said Mercedes-Benz Türk head Wolf Dieter Kurz. “The remaining amount will be used to supplement the research and development budget.” Mercedes-Benz Türk… Continue Reading »

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