VIENNA – Daimler AG says it will build its new car assembly plant in Kecskemet, Hungary, about 53 miles (86 km) southeast of Budapest. Hungary beat out Poland and Romania for the €800 million ($1.2 billion) plant, which will manufacture next-generation Mercedes-Benz A- and B-Class models and employ some 2,500 workers. A memorandum of understanding is expected to be signed in the next few weeks by Daimler and officials from the Hungarian government and municipality of Kecskemet, the auto ...

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