Mercedes expansion in Kecskemét had been temporarily suspended

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German carmaker Mercedes-Benz’s earlier plans to expand its production base in central Hungary are not at risk, the company’s plant in Kecskemét told MTI on Wednesday.

The plant issued a statement after the company’s headquarters in Stuttgart confirmed to Hungarian news portal Index.hu that an earlier announced expansion in Kecskemét had been temporarily suspended.

As we wrote yesterday, leading German business newspaper Handelsblatt wrote in a Sunday analysis that German automotive industry is facing significant problems so giants like BMW and Daimler Mercedes will probably start to cut their budget in Hungary by postponing or even cancelling some of their planned investments- DETAILS.

Orsolya Ludvig, the communications director for Kecskemét plant, told Index.hu that a company may, naturally, modify its plans, and that is what is happening at Mercedes now, too.

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