Daimler sticks to R&D investment plan -paper

Newswire

FRANKFURT, Dec 27 (Reuters) - Daimler will stick to its plan to invest about 14 billion euros ($19.58 billion) in research and development by 2010 despite the financial crisis, its head of R&D told German newspaper Automobilwoche. "We will stick to this dimension despite difficult times. But I don't rule out small adjustments," the paper quoted Daimler's head of research and development, Thomas Weber, as saying on Saturday. Daimler had announced such investment plans in April to ...

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