- Created on January 05, 2010
Currency Risk Drives Daimler's Move To Alabama
by Tanya Ott
December 3, 2009 from WBHM
Automakers around the globe are looking for ways to save money. The German carmaker Daimler AG says it has found a way by moving some production of its popular Mercedes-Benz C-Class sedan from Germany to Alabama, reducing the company's exposure to exchange-rate risks.