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Daimler AG to build new diesel engine production line
The announcement was made by the head of Daimler AG’s commercial truck operation, as being part of a plan of increasing its engines output, and accordingly selling more trucks. The company has committed to a 370-million-dollar investment for these purposes, and for building more transmissions and axles as a package as well. Daimler has already boosted its Detroit activity to produce heavy-duty automatic transmissions, which have been “a runaway success,” Wolfgang Bernhard, head of Daimler’s global commercial truck operations, told Reuters today ahead of an appearance in Detroit. ... Read more