Venezuela says DaimlerChrysler to invest $20 mln

Newswire

CARACAS, Venezuela, April 29 (Reuters) - DaimlerChrysler AG will invest $20 million to expand its assembly plant in Venezuela with the aim of exporting vehicles to the rest of Latin America and to the Middle East, Venezuela's trade and production ministry said Thursday. The ministry's press office quoted Radek Jelinek, president of DaimlerChrysler's Venezuelan unit, as saying the planned expansion would initially involve increasing the number of Mercedes Benz buses and trucks produced at ...

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