Daimler increases investment on North American auto plants

Daimler logo

U.S. automakers are dealing with increasing pressure amid sluggish demand in the country, as Asian and European auto companies strongly increase vehicle production in North America, including a recent investment by Daimler. In the recent move, Daimler prepares to invest $1 billion to broaden its Mercedes Benz assembly plant near Tuscaloosa, Alabama, to provide batteries […]

Daimler sees potential in expanding supplier base in Alabama

Daimler logo

Daimler sees value in having more suppliers in Alabama, U.S., where it has a factory in Tuscaloosa, the group stated on Tuesday. Daimler stated having more regional providers increased overall flexibility, minimized transportation times and improved production and logistics expenses. “In general, this results in significantly increased performance,” the company stated. Two years ago the […]

Dieter Zetsche doesn’t expect Trump to disadvantage European automakers

Dieter Zetsche, CEO of Daimler

Daimler does not anticipate Donald Trump to prefer U.S. automakers over their European equivalents, the automaker’s CEO, Dieter Zetsche informed a German paper, brushing off issues over the president-elect’s protectionist rhetoric throughout his campaign. “I find it hard to believe that it would pertain to punitive tariffs,” Dieter Zetsche informed Bild am Sonntag in an […]