Day: June 22, 2017
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Daimler lays foundation stone for $280 million Mercedes-Benz plant in Russia
By Jack Stubbs, Reuters Daimler began construction of a new Mercedes-Benz plant near Moscow this week, following through on the first new investment by a major foreign automaker in Russia since Western sanctions were imposed three years ago. Daimler said in February that it will invest more than $280 million in the factory, contrasting with…