KECSKEMET, Hungary – Daimler AG signs a €30.2 million ($38.6 million) deal to purchase a 1,090-acre (441-ha) site for its upcoming new assembly plant here. Plans for the facility, which will go by the name Mercedes-Benz Mfg. Hungary Kft., were announced last year. The plant will produce two of the four models to come from Daimler’s MFA (Mercedes-Benz Front Wheel Drive Architecture) platform that will underpin the next-generation Mercedes A- and B-Class models. While one of the two ...

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