Daimler seeks to sell Smart factory in France

The Hambach plant has built more then 2.2 million Smart ForTwo models since it opened in 1997. Production will be moved to China. (Daimler AG - Global Communicatio/Daimler AG)

By:

Reuters

July 03, 2020 02:59 PM

FRANKFURT -- Daimler will seek to sell its factory in Hambach, France, as the automaker pursues deeper-than-expected restructuring to overcome the fallout of the coronavirus pandemic.

Featured Stories

Mercedes-Benz to absorb tariffs on 2025 models — for now

How auto tariffs impact USMCA-compliant vehicles and parts

Live updates on tariffs: Stellantis offers to help suppliers; Mercedes to absorb tariffs on 2025 models; Sorting out which parts face tariffs

GM CEO Mary Barra, Hyundai Executive Chair Euisun Chung to keynote Automotive News Congress Sept. 11

Latest News

Mercedes-Benz to absorb tariffs on 2025 models — for now

GM debuts Chevrolet Corvette hypercar concept, says more concepts to come

Lithia CEO to its service department leaders: Change ‘mindset’ in next 90 days or else

2025 Cadillac Optiq: A luxury pod targets first-time luxury EV buyers

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

U.S. stock futures plunge overnight with Trump team defending tariffs

British government is relaxing EV rules to protect automakers from Trump tariffs

Don Romano’s ‘wild ride’ at Hyundai Canada

U.S. senators seek to rein in Trump tariff authority

Staying current is easy with newsletters delivered straight to your inbox.