Rastatt

Daimler to step up investment in German operations

Daimler to step up investment in German operations Rastatt, Germany  - Carmaker Daimler plans to invest 3 billion euros (4.5 billion dollars) in its German operations over the next two years, chief executive Dieter Zetsche said Thursday.

Zetsche said 600 million euros would go towards expanding the plant at Rastatt, where the luxury Mercedes A-class and B-class compact cars are produced.

Zetsche said Mercedes planned to increase the number of A-Class and B-Class models from two to four, with some of them being produced at a factory currently under construction in Hungary.




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