DaimlerChrysler to Add to Spending in Factories
From Bloomberg News
DaimlerChrysler will invest $40 billion on North American factories over the next five years, Chief Executive Juergen Schrempp said.
Schrempp, in a speech in Washington, didn’t disclose details. The investment includes tooling, manufacturing improvements and training for the Stuttgart, Germany-based company’s Chrysler, Freightliner and Mercedes-Benz units, spokesman Jason Vines said.
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