
Daimler and joint-venture partner Beijing Automotive Group will spend 1 billion euros ($1.37 billion) to more than double Mercedes-Benz production capacity at their Beijing plant to keep pace with rising demand.

Daimler and joint-venture partner Beijing Automotive Group will spend 1 billion euros ($1.37 billion) to more than double Mercedes-Benz production capacity at their Beijing plant to keep pace with rising demand.