Mercedes to invest $4.1 billion in China production before 2015

Shanghai November 10 (Gasgoo.com) Daimler AG plans to invest 27 billion yuan ($4.1 billion) in expanding its annual production capacity and Mercedes-Benz sales network, and establishing its first engine plant outside Germany in China before 2015, its Chief Executive Dieter Zetsche said during his third visit to the country this year, bbtnews.com reported Wednesday.

Nov. 13 , 2010