Currency Risk Drives Daimler's Move To Alabama

by Tanya Ott

December 3, 2009 from WBHM

Daimler employees in Germany protesting the proposed move of some production to the U.S.
Daimler employees in Sindelfingen, Germany, protest on Tuesday the proposed move of some production of the C-Class sedan to the U.S.


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.  

Full article including remarks by Professor Andreas Rauterkus