12,087.97 TRY BIST 100 BIST 100
50.16 EUR EUR EUR
43.06 USD USD USD
6.20 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
36.95 TRY Interest Interest
62.46 USD Fossil Oil Fossil Oil
5.85 USD Copper Copper
106.83 USD Silver Silver
108.57 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,199.18 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Mercedes to relocate A-Class production to Hungary

Mercedes-Benz continues to strengthen its European manufacturing footprint, announcing plans to relocate production of its A-Class model to its Kecskemét plant in Hungary. With the move, the facility will become a strategic production hub manufacturing three different models.

Mercedes to relocate A-Class production to Hungary

According to a statement by Hungary’s Minister of Foreign Affairs and Trade, Péter Szijjártó, production of the A-Class is scheduled to begin in Kecskemét later this year. The plant currently manufactures the new fully electric GLB as well as the C-Class. The addition of the A-Class is expected to further increase Mercedes’ production volume in the country.

Operational since 2012, the Kecskemét plant has grown into Mercedes-Benz’s largest manufacturing site in Europe, surpassed globally only by its facilities in China. The factory employs approximately 5,000 people directly and produces a wide range of vehicles, including internal combustion engine models, plug-in hybrids and fully electric vehicles.

In 2024, the site was named Hungary’s most attractive workplace and has repeatedly been recognized as the best factory within the Mercedes Group. In October 2024, the plant marked a major milestone with the rollout of its two-millionth vehicle. Meanwhile, the company is also progressing with plans to establish its first research and development center in Hungary.

Source: Daily News Hungary

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Steel production in Ukraine continues despite power outages

Saturday, January 10, 2026

The 8th period meeting of the Türkiye–United Kingdom JETCO was held in London

Friday, January 9, 2026

Algoma Steel announced its shipment and financial outlook for the fourth quarter of 2025

Friday, January 9, 2026

Russian Stainless Company produces first batch of cold-rolled stainless steel coils

Wednesday, January 7, 2026

Brazil set an all-time record in iron ore exports

Thursday, January 8, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now