Daimler to invest €250 mln at Hungarian plant

Automotive

press release

German carmaker Daimler will invest €250 mln on technological developments and capacity expansion at its plant in Kecskemet, according to a press release issued by Mercedes-Benz Manufacturing Hungary today.

Production line at Kecskemét Mercedes-Benz plant.

The investment is to be carried out in the next three years, to be completed in 2018. The new chassis production hall will produce next-generation compact car bodies with the help of state-of-the-art technology and will bring the firm’s total investment at the Kecskemét plant to over €1.3 billion, the press release noted.

“The investment is a clear sign of the firm’s commitment to Kecskemét and it will ensure the necessary conditions for the successful production of our next-generation compact cars. This decision supports Mercedes-Benz’s long-term plans in Hungary,” said Christian Wolff, the director of Meredes-Benz Manufacturing Hungary Kft.

The Kecskemét plant was inaugurated in the spring of 2012 and launched operations through the manufacturing of compact B-class models, adding the CLA coupe to its product line in 2013 and the CLA Shooting Brake in 2015, Hungarian news agency MTI reported.

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