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Thursday, October 29, 2026Oct 29

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Business Briefcase: Mercedes and Nissan eye new plant

Mercedes, Nissan eye new plant

Daimler and its strategic partner Nissan are looking at a new production plant in North America, a German business magazine reported last week.

Manager Magazine said that by 2017 or 2018, Daimler would begin manufacturing the next generation Mercedes A-Class together with its strategic partner Nissan in the United States or Mexico.

Daimler plans to more than double output of Mercedes brand vehicles to 2.7 million by 2020 in its drive to become the world’s largest premium car maker, the magazine reported.

Daimler wants to overtake rivals BMW and Volkswagen luxury carmaker Audi as the top maker of luxury cars by 2020.