Daimler and BAIC announce plans to expand local production of Mercedes-Benz vehicles due to expected market demand in China Local production hub Beijing Benz Automotive Co. Ltd. (BBAC) to operate additional production location Investment of over 11.9 billion RMB to … Read the full press release
Following green light from Chinese authorities: Official closing ceremony in Beijing for Daimler AG’s 12% stake in leading Chinese manufacturer BAIC Motor Daimler is first non-Chinese automotive company to acquire an interest in a Chinese OEM Dr. Dieter Zetsche: “Strategic … Read the full press release
First ever Mercedes-Benz passenger car engine-plant outside of Germany Top-notch facility, built at Beijing Benz Automotive Corporation (BBAC) in only two years Hubertus Troska: “The investment of around 400 million euros demonstrates our commitment to serving our Chinese customers even … Read the full press release
Current measures: Central Sales in Stuttgart to be bolstered by dedicated “Sales Management China” unit Fast-track expansion of dealer network, 75 new dealerships in 2013 After-sales initiative to ensure sustainable growth Hubertus Troska: “We have taken numerous measures for our … Read the full press release
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