Daimler supervisory board OKs $68B investment plan for Mercedes

Daimler Kallenius — Daimler CEO Ola Kallenius says the company aims for technological leadership while remaining committed to ambitious margin targets. (Andreas Gebert/REUTERS)

By:

Reuters

December 02, 2021 05:20 PM

BERLIN -- Daimler's supervisory board signed off an investment plan worth over 60 billion euros ($67.88 billion) for the Mercedes-Benz passenger car and vans businesses between 2022 and 2026.

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