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Latest Mercedes-Benz News

Mercedes-Benz to double Beijing plant capacity

As demand continues to soar for Mercedes-Benz passenger cars, parent company Daimler is set to invest some more into its Beijing factory in order to double production capacity. According to a Bloomberg report, Daimler and its JV partner Beijing Automotive Group will invest a whoppping 1 billion euros (around $1.38 billion) for the expansion that will see the plant produce up to 200,000 vehicles in 2015. The Beijing facility currently produces Mercedes-Benz C-Class, E-Class, and GLK vehicles. The sedans, in particular, are enjoying great demand. The plant will also be adding the GLA compact SUV to its assembly line come 2015. Daimler chief Dr Dieter Zetsche reaffirms that the company… Continue Reading »

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China Will Export the Mercedes E-Class

The sales of the joint venture partner of Mercedes-Benz in China is whopping. Since the start of the year, the company has seen a 52% rise in the Chinese market, but it’s now going steady. A report from Gasgoo says that the Chinese branch is trying to breakthrough the overseas market. In an attempt to do that, they are now exporting the Wheelbase E-Class. The car has been very popular and the management of BAIC says they know that this step may help them increase their 2012 sales. If this become successful the GLK and C-Class may also be exported. Source: Gasgoo

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Daimler and BAIC Ink New Joint Venture

Daimler has announced a joint venture company to be named Beijing Benz Automotive Co, Ltd. (BBAC). Together with its Chinese partner Beijing Automotive Industry Corporation, about 2 billion euros will be invested in the new joint venture. The agreement covers local production for the Chinese market of the the GLK SUV and three models of the upcoming generation of Mercedes-Benz compact cars. Meanwhile, production capacities for the capacities for the C- and E-Class will be expanded from the current 80,000 units, depending on demand. Along with an R&D center, a new engine plant for 4-cylinder gasoline engines will also be put up in two years, which will supply the engine… Continue Reading »

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