Mercedes Reportedly Planning to Build Next C-Class in Brazil from 2015

Daimler AG, the parent company of Mercedes-Benz, is reportedly planning to set up a new plant in Brazil, South America’s largest car market. According to a report from Reuters that cites the print edition of German magazine Der Spiegel, Brazil’s rising taxes on foreign vehicles make it hard for overseas automakers to sell their imported cars in the South American country. Read more »