German car maker Daimler AG (DAI.XE) said Friday the
Mercedes-Benz brand is likely to hit a new production record in
2012, increasing output to keep up with demand.
MAIN FACTS:
-In 2012, Mercedes-Benz has operated at high capacity, to sell a
record 1.19 million cars in the first eleven months of the
year.
-Around 3 billion euros ($3.93 billion) were invested in four
German plants in 2012.
-Together with its Chinese partner BAIC, Daimler plans to invest
around EUR2 billion over several years to increase production at
its Beijing location.
-Over the next years, the company is investing around $2.4
billion in the Tuscaloosa, Alabama plant.
-Daimler's A-Class, B-Class and M-Class models drove demand this
year.
-Increased demand led to three-shift operations at the Rastatt,
Germany and Tuscaloosa, Alabama plants as well as special shifts at
the Powertrain production network.
-A new plant was opened in Kecskemet, Hungary employing 3,000
people.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500