Mercedes-Benz Reshuffles Production, Next C-Class to be Built in Bremen and U.S. Plants from 2014, No Lay-offs in Sindelfingen Until 2020
Daimler AG's management and workers have reached an agreement to preserve jobs at the firm's Sindelfingen plant in Germany until the end of 2019 following the automaker's decision to reorganization its worldwide production network and discontinue the manufacturing of the C-Class in Sindelfingen in 2014 after more than 25 years.The company said that this comes a result of its decision to produce the next generation of the E-Class and the S-Class in Sindelfingen, thus avoiding layoffs for operating reasons at the plant until December 31, 2019.
The automaker's plans include the concentration of the European C-Class production in 2014 at the firm's Bremen plant with additional production in the United States at its Alabama factory for the local market.
Mercedes' decision to build the North American-bound next C-Class in the States means that the vehicle's profit margins will no longer be vulnerable to the shifting exchange rates between the USD and the Euro.
Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars said: "With the decision on our new plant for compact cars in Hungary, the reorganization of C-Class production as of 2014, and the production commitment for the E-Class and the S-Class, we have set the course for the future of our key models."
"This long-term strategic planning will give us additional growth opportunities and will make a significant contribution towards improving our competitiveness. This is the best way to protect jobs in Germany over the long term," Zetsche added.
- Mercedes-benz Cuts Production Of Current S-class On Lower European Demand
The gloomy clouds that once dangled only over the southern parts of Europe have now moved across the continent and are affecting more and more companies, including Mercedes-Benz that has cut one of the two production shifts it normally runs for its current...
- Mercedes-benz Outlines Future Plans, Says Next S-class With Have Six Derivatives
After posting new records for vehicle sales, revenue and earnings in 2011 and with 2012 off to a good start as the company is expected to report its best sales ever in a first quarter, Mercedes-Benz has every reason to be optimistic about the future,...
- Mercedes-benz To Produce An All-new Fifth Model At Its U.s. Plant In 2015
Daimler, the parent company of German luxury carmaker Mercedes-Benz, plans to invest US$350 million and create some 400 new jobs at its U.S. plant in Tuscaloosa, Alabama, to build a brand-new, but as of yet, unnamed model. Currently, Mercedes-Benz manufactures...
- First U.s.-built Kia Rolls Off Production Line At Georgia Plant
The first ever U.S.-made Kia, a 2011 Sorento, rolled off the production line, at the South Korean automaker's newly built factory in the state of Georgia, on Tuesday. The US$1 billion manufacturing plant is expected to produce 300,000 vehicles a year...
- Audi Q3 Small Suv Coming In 2011, To Be Built By Seat In Spain
An all new small SUV model called the Q3 that will sit right under the Q5 will be added to Audi's range in 2011, the German automaker announced today. To the delight of SEAT's workers as it will help protect around 1,200 jobs, Audi said that the...