NewsControversial strategy in China: Daimler wants to expand production

Controversial strategy in China: Daimler wants to expand production

Production capacities in China are to be expanded by almost 50 percent. In addition, Daimler AG wants to manufacture the electric smart there from 2022.

Stuttgart – China has meanwhile become a lucrative huge market for Daimler AG. Because the corona crisis is hardly noticeable there and the economy is on the upswing again, this has recently had a positive effect on the carmaker's sales figures. In the first quarter of this year, the Stuttgart-based company in China grew by a full 60 percent compared to the previous year. Above all, the luxury car business is booming there for the Stuttgart-based company. As BW24 * reports, Daimler therefore wants to build even more cars in China than before.

Daimler AG (BW24 * reported) has left the corona crisis behind, mainly thanks to the upswing in China. * BW24 is an offer from IPPEN.MEDIA

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