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Daimler to boost China production capacity

05/03/2018
Daimler to boost China production capacity

Automotive group Daimler has announced it will expand production of Mercedes-Benz vehicles in China due to “expected market demand”. It will be a joint venture with Chinese automotive group BAIC, with total investment in the new facility totalling more than 11.9 billion yuan (around €1.5 billion).  A BAIC production facility in Beijing’s Shunyi...

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