Mercedes-Benz South Africa Produces First New C-Class
News: Mercedes-Benz South Africa (MBSA) has produced the first new C-Class sedan at its East London plant in the province of Eastern Cape. MBSA and Daimler have invested ZAR5.4bn (USD509.75mn) to make the new C-Class, while components manufacturers have spent an additional ZAR2bn (USD188.79mn), according to Trade and Industry Minister Rob Davies. The move has attracted 10 new multinational components firms to establish shop in the country to allow manufacturing of the new C-Class. MBSA is expected to export between 80% and 85% of the production to about 80 markets at the end of Q214.