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Russia: Mercedes decides against production in Russia

Daimler AG's Mercedes-Benz division has decided to hold back on production in Russia. This decision has been attributed to low sales volumes in the country. "We have concluded that such an investment would not pay off given the sales volumes," Automotive News Europe quotes Mercedes-Benz sales and marketing head Joachim Schmidt It’s time to log … Continued

Daimler AG's Mercedes-Benz division has decided to hold back on production in Russia. This decision has been attributed to low sales volumes in the country.

"We have concluded that such an investment would not pay off given the sales volumes," Automotive News Europe quotes Mercedes-Benz sales and marketing head Joachim Schmidt

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