Mercedes Hungary: production at full capacity

Automotive

Demand for Mercedes-Benz compact cars is buoyant worldwide, with a full capacity production program for the German premium car manufacturer in Kecskemét (90 km southeast of Budapest), writes economic daily Világgazdaság.

The paper writes that Mercedes’ factory in Kecskemét closed a busy year, with the launch of several new models in 2019; the new CLA Coupe was followed by the CLA Shooting Brake, and in the fall three Mercedes-AMG Performance models.

The company said that it has not speculated on the future development of the world economy for this year, but that the production program of the Mercedes-Benz Kecskemét plant was already saturated in 2020. According to the paper, this suggests that the stall experienced by the German car industry and the slowdown in the global economy are not a problem for the domestic car industry.

With approximately 4,700 employees, the Kecskemét factory is fully operational to meet the lively demand for compact cars worldwide, the company said. Although the 2019 production figures are not yet public, over the last three years, approximately 190,000-200,000 cars have been produced at the domestic plant, vg.hu added.

HUPX Joining Serbian, Slovenian Peers in Adex Power

HUPX Joining Serbian, Slovenian Peers in Adex

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.