VIENNA – Daimler will take over 50% stakes in import companies Mercedes-Benz Österreich based in Salzburg, Austria, and Mercedes-Benz Hungária located in Budapest, Hungary, from its Austrian partner Pappas Gruppe effective Jan. 1. Both companies are responsible for the distribution of Mercedes-Benz cars and commercial vehicles as well as smart minicars and Fuso trucks in the two countries. Daimler and Pappas are longtime partners. The current Austrian 50-50 ...

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