Vladimir Putin opens Mercedes-Benz plant in Russia

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As Ford closes a plant there, due to poor sales, another, more top-end door opens for Russia's automotive sector

Russian President Vladimir Putin , Mercedes-Benz Cars' member of the divisional board Marcus Schaefer and German economy minister Peter Altmaier visit Mercedes Benz's new factory outside Moscow, April 3 2019. Picture: SPUTNIK/AFP/MIKHAIL KLIMENTYEVRussian President Vladimir Putin and German economy minister Peter Altmaier unveiled a Mercedes-Benz car plant in Russia on Wednesday, praising co-operation between the two countries.

Germany’s Daimler began construction of a Mercedes-Benz plant at an industrial park some 50km north-west of Moscow in 2017, investing more than €250m in the factory. “Mercedes cars will be popular with Russian consumers for sure,” Putin said, adding that he has driven a Mercedes.

Source: Car News Wire (carnewswire.net)

 

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