Daimler will cut development costs of new Mercedes-Benz cars by a significant am...
SINDELFINGEN, Germany - Daimler will cut development costs of new Mercedes-Benz cars by a significant amount by 2025 and will intensify alliances with rivals as a way to improve margins, Ola Kaellenius, the future chief executive, said on Monday.
“We need to work on the cost of vehicle architectures. From where we are now, we need to make a significant step by 2025 in terms of cost,” Kaellenius said, declining to provide specific figures. Daimler has struck alliances with Renault, Nissan and BMW to share development and procurement costs of trucks, buses and passenger cars.
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