Mercedes to Double Beijing Factory Capacity as China Sales Soar
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Daimler AG and joint-venture partner Beijing Automotive Group Co. will spend 1 billion euros ($1.37 billion) to more than double Mercedes-Benz production capacity at their Beijing plant to keep pace with rising demand.
The factory, which builds the C-Class and E-Class sedans and GLK sport-utility vehicle, will be able to produce more than 200,000 autos in 2015 and may be expanded further if sales continue to surge, the Stuttgart, Germany-based carmaker said in a statement today. The plant will add assembly of the GLA compact SUV next year.