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Mercedes-Benz Cars invests €1B in new “Full-Flex” car plant in Hungary; Factory 56 applied to full plant

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Mercedes-Benz Cars is starting construction of its first “Full-Flex Plant“ in Kecskemét, Hungary, about 90 km in the south of Budapest. With an investment of one billion euros, we are building in Hungary the first ‘Full-Flex Plant’ in the global production network of Mercedes-Benz Cars.

Euro car market has best H1 of century; diesels down 17%; AFVs up 31% for 5.4% of total; SUVs booming

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The European car market recorded its best H1 performance of the century, with 8.6 Despite uncertainty in the UK, where the market was down 6.3% on H1 2017, the growth recorded in Germany, France and Spain allowed the overall market to keep growing. of the German market.

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Diesel new vehicle market share in Europe in February dropped to 39.5%; SUVs still driving growth

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million units registered in Europe in 2018 so far, according to figures from JATO Dynamics. The market share of diesel vehicles fell to 39.5% compared to the same month last year, meaning SUVs accounted for 33% of the total market in February. MPVs saw market share decline by 2.1

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Mercedes-Benz to invest ~€500M to produce electric compact EQ model at Hambach plant

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In Germany the smart brand is the market leader among all-electric vehicles in the first quarter of 2018. The smart plant in Hambach will become a part of our global compact car production network with the lead plant Rastatt, Germany. billion) in the expansion of its electric fleet and around €1 billion in a global battery-production network within the worldwide production network. Mercedes-Benz Cars is expanding its production capacities for electric cars in Europe.

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Teijin Frontier to acquire J.H. Ziegler; addressing EV demand

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The company also produces market-leading top-quality sound-absorbing materials and nonwovens for home interior and heat insulation use. The company operates five facilities globally, including three in Germany and one each in Hungary and China, and employs approximately 400 staff. Teijin Frontier Co., the Teijin Group’s fiber and products converting company, agreed to acquire J.H.

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Ipsos study finds US among most skeptical of Autonomous Vehicles

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Although there is widespread interest in autonomous vehicles (AVs), the US—one of the largest auto markets in the world—expresses higher levels of resistance than most nations, according to a new study by Ipsos, a leading global market research firm. Globally, a majority of those surveyed say that AVs will be easier, more comfortable safer, more relaxing, more economical, more enjoyable, and friendlier to the environment.

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European car market logs best year for alternative fueled vehicles, lowest diesel share since 2001

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The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 —Felipe Munoz, JATO’s global analyst. Globally, Europe was the world’s third-largest car market behind China and the US.

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Mercedes-Benz Rastatt plant to produce compact electric EQ vehicles; 3rd center of competence for EQ models in Germany

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Mercedes-Benz announced that its Rastatt plant—the company’s lead plant in global production of compact cars—will produce compact-class electric EQ models in the future. The company will decide on the basis of market demand which foreign locations will produce further EQ models within the production network. The new electric vehicles will be produced within the global, highly flexible and efficient production network of Mercedes-Benz Cars with plants on four continents.

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