Mercedes plans to create 3 new factories

The German brand of luxury automotive industry plans to pump new investment worth 3.7 billion dollars to reach 3 million cars by the end of 2018, with the creation of three new factories.

A report released by Reuters noted that the new investment would be pumped with the aim of boosting the production capacity of the brand of modern products and promoting the technology used in the industry by offering access to targeted sales.

During the past year, Mercedes has been able to reach 2.4 million cars in all world markets.

Marcus Schaefer, a member of the board of Directors of the Mercedes company, who is in charge of industrialization, said that the global manufacturing of the brand is recording the highest current productivity rates, this has necessitated increased investment in this network to meet the high demand for innovative Mercedes models, which will be up to 40 models. Future.

He disclosed that Mercedes was seeking to launch three new production sites in Mexico, Hungary and China.

The Mercedes factory in Mexico is designed to produce integrated models as of the third quarter, while Mercedes plans to finish construction of the Hungarian plant and at the end next year, besides the Beijing plant to take advantage of the growing demand for German cars from consumers in the largest automotive market in

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