You' ll Never Guess Where Mercedes Is Planning To Build New Cars CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News You' ll Never Guess Where Mercedes Is Planning To Build New Cars

You' ll Never Guess Where Mercedes Is Planning To Build New Cars

Jan. 23, 2019 11:40 AM ET by Jared Rosenholtz / 11 Comments Hint: Pyramids. German automaker Mercedes-Benz is currently in the process of expanding its global operations, which will include a $1 billion battery factory in Alabama. While the massive investment in the United States is good news, it is far from the only expansion the company has planned. Mercedes is looking to open yet another plant and Egypt is the main candidate for the build site. According to Mercedes, the factory would be built in cooperation with a local partner in Egypt after Member of the Divisional Board, Markus Schafer, met with the President of the Arab Republic of Egypt, Abdel Fattah El-Sisi. "Egypt is an attractive and competitive location for production and supporting logistics. With the planned local assembly, we are confident to be able to expand our market position", said Schaffer. Since the discussions have yet to be finalized, we have no details on which Mercedes models would be built at the Egypt plant or which markets the plant would export to. The local government was quick to support Mercedes' efforts to build a factory. "We welcome the decision of Mercedes-Benz to resume manufacturing and assembly of cars in Egypt, a step that reflects the improvement of the investment environment and the performance of business in Egypt", said President El-Sisi. Mercedes has been present in the Egyptian market since 1999, where it employs 1,000 people both directly and indirectly through import and sales organizations as well as a spare parts warehouse. If the deal does go through, Mercedes may offer up its expertise in mobility and electric cars to build smart cities in Egypt. "With our broad-based product portfolio, our electric initiative as well as our expertise in respect of modern mobility concepts, we are ready to support the Egyptian authorities in related projects", Schafer said. If any new details emerge regarding the status of these discussions, we will be sure to update you. Mercedes-Benz

Join The Discussion

Show Comments (11)

Gallery

7 Photos Tags: #Mercedes-Benz News #Industry News #Technology

Related Cars

Mercedes-Benz EQS SUV Mercedes-Benz C-Class Sedan Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top