Car Chat General discussion about Lexus, other auto manufacturers and automotive news.

Low dollar may see Mercedes increase U.S. production

Thread Tools
 
Search this Thread
 
Old 10-23-07 | 09:14 AM
  #1  
GFerg's Avatar
GFerg
Thread Starter
Speaks French in Russian
CL Folding 25,000
 
Joined: Oct 2002
Posts: 13,303
Likes: 65
From: What is G?
Default Low dollar may see Mercedes increase U.S. production



The U.S. is by far the world’s biggest car market so it already makes sense to manufacture vehicles locally. Compound this with a weak U.S. dollar, especially against the string euro, and it becomes apparent that importing cars from Europe for carmakers like Mercedes-Benz is simply too costly. Therefore it comes as no surprise officials are considering building more cars in the U.S.

Daimler exec Klaus Maier revealed to Automotive News reporters that if “the dollar relationship stays where it is, Daimler has to increase production activity in the US.” Maier also acknowledged that the exchange rate situation isn’t a complete surprise, which suggests a decision could be made much sooner that first thought.

Mercedes’ immediate future, however, will see the launch of a new green marketing campaign that will try to convince buyers to switch to cleaner cars despite the premium in price often associated. Maier said company research shows only 10% of luxury car-buyers are willing to spend extra on sustainable technology, something Mercedes hopes to change.
http://www.motorauthority.com/news/i...ion/#more-3873
Old 10-23-07 | 09:36 AM
  #2  
PhilipMSPT's Avatar
PhilipMSPT
Cycle Savant
iTrader: (5)
 
Joined: Jul 2005
Posts: 21,527
Likes: 7
From: In rehab...
Default

Importing vehicles from Asia (the current rage is India and China) is still a more economical decision. Building vehicles in America is nice, but still costly with labor and infrastructure.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
LexFather
Car Chat
34
02-28-14 12:00 PM
GFerg
Car Chat
3
04-01-08 11:39 PM
Tom2006
Car Chat
17
07-24-07 04:57 PM




All times are GMT -7. The time now is 03:59 AM.