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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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March 27, 2015
09:26 EDTDDAIFMercedes-Benz to launch pickup truck within five years, Reuters says
Daimler AG's Mercedes-Benz plans to launch a mid-size pickup truck within next five years, reports Reuters, citing company and spokesperson statements. Mercedes will roll out the vehicle in Latin America, South Africa, Australia and Europe but has not yet decided whether to launch in the U.S., said a spokesperson. The truck will be built by Daimler's van division, said the company. Reference Link

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