The Mercedes-Benz Vans unit of DaimlerChrysler AG opens its new Van Technology Center (VTC) in Stuttgart-Unterturkheim, Germany. The center’s goal is to attract highly qualified engineers and to centralize various functions of the division, says Andreas Renschler, head of DC Commercial Vehicles. With an initial investment of €75 million ($97 million), the VTC will house 16 different functions that previously were scattered about the Stuttgart area, including management, strategy, ...

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