Chrysler to make 5,000 Mercs/yr in India

REUTERS

Posted online: Wednesday, May 09, 2007 at 1536 hours IST

PUNE, MAY 9: DaimlerChrysler will produce 5,000 Mercedes Benz cars a year in its new plant in India, a senior official said on Wednesday.

The 2.75 billion rupee ($67 million) plant will begin production in 2009, Joachim Schmidt, chairman of the board of DaimlerChrysler India, said at a foundation-laying ceremony for the plant in the Western state of Maharashtra.