Daimler Building Engine Plant in Poland
Daimler AG has announced plans to spend $560 million to build a new engine plant in Jawor, Poland, continuing the expansion of its global footprint. Find out more at TheDetroitBureau.com.
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Daimler AG has announced plans to spend $560 million to build a new engine plant in Jawor, Poland, continuing the expansion of its global footprint. Find out more at TheDetroitBureau.com.
The auto industry will change more in the next five years than it did in the previous 20, said Renault-Nissan’s Carlos Ghosn. The tie-up between Nissan, Renault and Daimler AG readies the companies for it. For more, go to TheDetroitBureau.com.
Daimler AG is investing $3 billion into diesel engine development as it launches a new EV that goes 300 miles on a charge. For details, go to TheDetroitBureau.com
Desperate for a merger or alliance partner, Fiat Chrysler’s Sergio Marchionne might find a reception from Daimler AG and its own alliance partner, Renault/Nissan, officials said. Daimler’s Zetsche and Nissan CEO Ghosn outlined the growing range of projects they’re sharing in this report from TheDetroitBureau.com.
After two days of declining to comment, Ford officials today announced they are spending $2.5 billion to build two new plants in Mexico to build engines and transmissions. Ford isn’t alone in its quest for low-cost manufacturing, according to TheDetroitBureau.com.
Toyota will spend $1 bil to move Corolla production from Canada to Mexico. Meanwhile, Ford is expected to announce a $2.5 bil investment in Mexico. These are just the latest in a string of major investments in what has become the world’s 4th largest auto export market, reports TheDetroitBureau.com.
The Renault-Nissan Alliance and Daimler AG plans to expand their five-year strategic cooperation into the pickup truck segment. The two automakers plan to develop a 1-ton pickup truck for Mercedes-Benz. To get more info, head over to TheDetroitBureau.com.
The 5-year-old alliance between Daimler AG and Renault-Nissan is set to double in size during the next six years. Appearing together for what has become an annual update they call the “Carlos-and-Dieter Show,” Daimler’s Dieter Zetsche and Renault-Nissan’s Carlos Ghosn said they now have 12 different ventures going. For more, go to TheDetroitBureau.com.
Toyota may soon become the next major automaker to open an assembly plant in Mexico, following other global manufacturers including BMW, Kia and Mercedes-Benz, all of whom announced plans to set up operations “South of the border” in recent months. More from TheDetroitBureau.com.
Promising to regain its lead as the world’s top luxury carmaker, Daimler has unleashed an unprecedented product assault that is gaining traction with consumers – driving a surge in second-quarter sales and earnings for the parent of Mercedes-Benz and Smart. The numbers from TheDetroitBureau.com.
When it comes to North America, BMW is moving south, not to South Carolina, but south of the Rio Grande. The automaker is building a $1 billion plant in Mexico that would employ 1,500 workers and build 150,000 vehicles annually. The maker didn’t announce what vehicle will be built there. For details, go to TheDetroitBureau.com.
Announcing the biggest project in their four-year-old alliance, Daimler AG and Nissan Motor Co. have confirmed they will jointly set up and operate a new luxury car plant in central Mexico. At a cost of close to $1.4 billion, it will begin operating by 2017, the makers revealed today. To get all of the details, please go to TheDetroitBureau.com.