Login

Mercedes To Double Electric Motor Output At Untertuerkheim: Report

The German carmaker's management and works council struck an agreement on restructuring the site in southwestern Germany, which also foresees a 20% reduction in fixed costs by 2025 compared with 2019 and workforce cuts, the report said, citing company sources.
Calendar-icon

By Reuters

Calendar-icon

Published on December 24, 2022

Follow us on

google-news-icon
Story

Highlights

    Mercedes-Benz is to double production capacity for electric motors to 1 million units at its Untertuerkheim plant, which has traditionally focused on combustion engines, WirtschaftsWoche magazine reported on Tuesday.

    The German carmaker's management and works council struck an agreement on restructuring the site in southwestern Germany, which also foresees a 20% reduction in fixed costs by 2025 compared with 2019 and workforce cuts, the report said, citing company sources.

    Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News

    Explore More