Mexican Media Brands
Daimler Plans Mercedes-Benz Factory in Russia
Russia’s trade and industry minister tells Business World he expects Daimler AG will finalize a deal very soon to begin erecting a new Mercedes-Benz car assembly plant outside Moscow next year.
Share
Russia’s trade and industry minister tells Business World he expects Daimler AG will finalize a deal very soon to begin erecting a new Mercedes-Benz car assembly plant outside Moscow next year.
Daimler said last June it was in talks with the Russian government about local production. Sources told Handelsblatt at the time that the €200 million ($214 million) facility would assemble as many as 30,000 SUV/crossover vehicles per year from imported kits.
The carmaker has not confirmed the impending agreement. Rival BMW AG assembles cars kits in Kaliningrad under contract with ZAO Avtotor, and Audi builds cars and crossovers at a plant operated by its parent, Volkswagen AG, in Kaluga.
Russia’s car market has been shrinking in each of the past four years. Mercedes passenger vehicle deliveries dropped 15% in 2014 and 11% last year, according to the Moscow-based Assn. of European Businesses.
RELATED CONTENT
-
The Koenigsegg Jesko Has An Amazing Engine
It is hard to believe that this is a vehicle in “serial” production with such extraordinary powertrain performance
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
Jeeps Modified for Moab
On Easter morning in Moab, Utah, when the population of that exceedingly-hard-to-get-to town in one of the most beautiful settings on Earth has more than doubled, some people won’t be hunting for Easter eggs, but will be trying to get a good look at one of the vehicles six that Jeep has prepared for real-life, fast-feedback from the assembled at the annual Easter Jeep Safari.
