Daimler AG, Nissan invest USD1.36b in premium small cars
(MENAFN) Daimler AG and Nissan Motor Co announced jointly investing USD1.36 billion to develop premium small cars and build a factory in Mexico, The Peninsula Qatar reporte
This step plays a major role in deepening the cooperation between the Mercedes-Benz and Infiniti brands, the companies sai
The first Infiniti cars will roll out of the new plant in 2017, followed a year later by Mercedes, with both brands planning to market those vehicles globall
Building cars in Mexico allows the automakers to sell cars in the US while avoiding some of the currency and tariff costs that crimp profits on vehicles imported from overseas
This step plays a major role in deepening the cooperation between the Mercedes-Benz and Infiniti brands, the companies sai
The first Infiniti cars will roll out of the new plant in 2017, followed a year later by Mercedes, with both brands planning to market those vehicles globall
Building cars in Mexico allows the automakers to sell cars in the US while avoiding some of the currency and tariff costs that crimp profits on vehicles imported from overseas
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