Mercedes-Benz to double Beijing plant capacity
As demand continues to soar for Mercedes-Benz passenger cars, parent company Daimler is set to invest some more into its Beijing factory in order to double production capacity. According to a Bloomberg report, Daimler and its JV partner Beijing Automotive Group will invest a whoppping 1 billion euros (around $1.38 billion) for the expansion that will see the plant produce up to 200,000 vehicles in 2015. The Beijing facility currently produces Mercedes-Benz C-Class, E-Class, and GLK vehicles. The sedans, in particular, are enjoying great demand. The plant will also be adding the GLA compact SUV to its assembly line come 2015. Daimler chief Dr Dieter Zetsche reaffirms that the company… Continue Reading »