May 25, 3:27 PM EDT
Media & Culture
GM to expand Hungary output with $655 million plant
By IBT Staff Reporter on 09/21/10 AT 3:47 PM
General Motors will invest $655 million to expand capacity at its Opel factory in Hungary and Volkswagen's Audi may also expand production at its plant, both seen as boosting investor sentiment toward the country.
Mercedes COO sees y/y sales growth returning soon
By IBT Staff Reporter on 10/16/09 AT 9:33 AM
Daimler AG's Mercedes-Benz Cars premium auto division expects year-on-year sales growth to resume soon, the division's chief operating officer told Reuters on Friday.