Daimler AG said Friday it has invested $475 million and created 330 new jobs at the company’s factory on the edge of Detroit to launch production of a new line of automatic transmissions specifically designed for heavy-duty trucks and a new engine for smaller, medium-duty commercial vehicles.
Wolfgang Bernhard, head of Daimler Trucks, said the project at the Detroit Diesel factory in the city gives Daimler the ability to extend its leadership in the North American market and lower the costs for its customers at the same time.
Traditionally, buyers of heavy-duty trucks in the U.S. have ordered the cab and chassis from one manufacturer, the engine from another maker, the transmission from a third and the axle from a fourth company. With the expansion in Detroit, which already builds truck engines and axles, Daimler will have the opportunity to offer customers a complete unit. (more…)