Russian Factory Pushed By Mercedes-Benz Despite Sluggish Sales
Even as the local Russian market has taken a nose-dive Mercedes-Benz is still intent in establishing a new plant in the country, as shown on a report from worldcarfans.com. Dieter Zetsche, CEO of Daimler, said the factory in Russia is needed by the company to complement is notable sales performance. The revelation was made to Automotive News Europe recently in Detroit. He added the company is pursuing the new factory since the brand is the best-selling premium marquee as it copped 2.67 percent overall market share. Russian car sales have gone down by 35 percent through November last year compared to the same period in the previous year. Deliveries of… Continue Reading »