Big spender
16th September 1999, Page 9
16th September 1999
Page 9
Page 9, 16th September 1999
— Big spender
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• Mercedes-Benz owner DaimlerChrysler plans to spend £29.8bn over the next three years developing its range of cars and trucks.
This investment, which equates to £27m a day, will be spent making Mercedes vehicles around 5% more fuel efficient and on meeting environmental legislation. The company also plans new information systems with particular emphasis on logistics.
The first of these innovations are expected to ha the market towards the end of next year.
Other advanced technologies, such as driverless and joystick-controlled trucks, were recently showcased by the company ( CM29 July-4 August).
Developments are also being planned in weight-saving materials including ceramics.