DaimlerChrysler AG’s plans to build Mercedes-Benz vehicles in Russia are on hold after the auto maker determines tax rules and customs requirements are cost-prohibitive. The auto maker remains in talks with the Russian government officials, but the German newspaper Die Welt quotes a DC official as saying: “The project is dead.” The auto maker had planned to invest €80 million ($95.3 million) in a greenfield car production site near St. Petersburg. Plans called for the plant to have ...
Premium Content (PAID Subscription Required)
"Taxes, Customs Scuttle DC Russia Investment" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642