DaimlerChrysler AG and Singapore dealer Jardine Matheson Group’s Cycle and Carriage hold a groundbreaking ceremony to start construction on a Mercedes-Benz Center – the first in Asia. The new retail and branding concept involves a standalone showroom covering 100,000 sq.-ft. (9,290.3 sq.-m) and will cost about S$36 million ($22 million). “The design of the showroom will be grand and imposing,” says Wolfgang Huppenbauer, managing director-DaimlerChrysler Southeast Asia, Singapore ...

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