Smart: Hambach plant about to be sold
ADJUSTMENT Mercedes-Benz wants to hold talks about the sale of the Smart plant in Hambach, France. The Daimler Group said it is currently examining the adjustment and realignment of capacities. The step is related to the high investments in electromobility and digitalization, which forces the group to take measures to increase efficiency. This, he said, affects all [...]
The move is linked to the high level of investment in electromobility and digitization, which is forcing the Group to take measures to increase efficiency. This affects all business units worldwide.
From 2022, the brand's electric cars will be built in a joint venture with Geely in China anyway.
New future for the site
The Stuttgart-based automaker wants to give the site a future with the sale. Mercedes-Benz refers to upcoming transformation processes and the adjustment of production capacities to the expected market developments.
In addition, there are new economic conditions due to the Corona crisis.
