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April 11, 2012
07:54 EDTDDAIFDaimler counting on production in Hungary, Businessweek reports
As Daimler’s (DDAIF) Mercedes-Benz seeks to regain the global luxury sales title it lost to BMW in 2005, production in Hungary at its new $1.07B factory, where wages are low, is key to its plans and profitability, reports Bloomberg Businessweek. Reference Link
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