Europe Manufacturing
UPDATED: 9/21/17 10:06 am ET - adds details

Daimler plans $1B investment in Ala. to build electric SUVs, reports say

Daimler plans to spend $1 billion to expand its Mercedes-Benz assembly plant in Vance, Ala., to produce batteries and electric SUVs, a person briefed on the matter told Reuters.

Sign up for our insightfull look at F&I, every Wednesday

Have 5 minutes? Catch up on what you want to know twice each day.