Mercedes-Benz
The deal is meant to establish an engineering hub for Mercedes-Benz in the Suez Canal area for assembling and manufacturing of automobiles, the premier said.
President Abdel Fattah El Sisi on Friday hailed plans announced by Germany's Mercedes-Benz Cars to open an assembly plant in Egypt.
Mercedes-Benz Cars said Friday it is developing plans to open an assembly plant in Egypt.
Mercedes-Benz looks forward to resuming production in Egypt soon, said a senior official of the German company on Friday.
Mercedes-Benz, the luxury brand of German carmaker Daimler AG DAIGn.De, and its Chinese joint ventures will recall 351,218 vehicles.
Mercedes-Benz is set to return to Egypt with a 50,000 square meter distribution facility in the new economic zone near the Suez Canal.
Daimler’s (DAIGn.DE) Chief Executive Dieter Zetsche on Monday said Mercedes-Benz will offer electric versions of all its models by 2022.
Daimler’s Chief Executive Dieter Zetsche on Monday said Mercedes-Benz will offer electric versions of all its models by 2022.
