August 17th, 2012

Daimler may double output at Hungary plant; says no final decision yet

German carmaker Daimler could start an expansion next year at its new plant in Hungary that would double output to an annual 300,000 cars, business daily Napi Gazdaság said on Thursday.

Several sources confirmed for the paper that lines could be installed in the expansion in 2014, allowing production to start from 2015.

A Daimler spokesman said asked by Reuters said no decision has been taken on a possible expansion at German carmaker Daimler’s new plant in Hungary.

“Yes, it’s true we can expand the production line, but no decision has been taken on this matter,” the spokesman said when asked to comment.

The investment could cost tens of billions of forints and could require a state subsidy, the Napi Gazdaság said.

Daimler started production of compact models at its EUR 800m plant in Kecskemet (C Hungary) at the end of March. Headcount at the plant is set to rise to 3,000 this year.

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