25 Nov '11, 4pm

Green Car Congress: Daimler investing more than €1.5B at its main ...: Daimler is investing more than a combined...

Daimler investing more than €1.5B at its main Mercedes-Benz powertrain plant in Germany in 2011 and 2012 25 November 2011 Daimler is investing more than a combined €1.5 billion (US$2 billion) in 2011 and 2012 in its main Mercedes-Benz powertrain plant in Stuttgart-Untertürkheim for the extension and conversion of various parts of the plant and in the launch of new products and production technologies. The investments—€670 million in 2011 and more than €980 million in 2012—will be allocated to extension and conversion measures and to new manufacturing technologies in the area of axle, transmission and engine production—for the new generation of compact cars, for example. €270 million is earmarked at the Hedelfingen subplant for the ramp-up of the new dual clutch transmission, which is being deployed in the new Mercedes-Benz B-Class. The area of upstream operations, the foun...

Full article: http://www.greencarcongress.com/2011/11/daimler-20111125....

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