Daimler Sees ‘Stronger’ Sales in Steady Turkey Vehicle Market
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Mercedes-Benz Turk AS, the Turkish unit of Daimler AG, expects “stronger” car and van sales this year in a market that is forecast to be stagnant, according to Wolf-Dieter Kurz, the unit’s chief executive.
Mercedes-Benz Turk, which makes buses and trucks at two plants in Turkey and sells imported Daimler cars and vans, plans to invest about 40 million euros ($53 million) at its factories in Istanbul and Aksaray this year, about the same as last year, Kurz said at a news conference in Istanbul today. Mercedes-Benz sold a record 39,852 new vehicles in Turkey in 2012, including 12,730 cars, up from 38,291 a year earlier, he said.