FINLAND’S VALMET GOING STRONG AS IT EXPANDS ITS MERCEDES RELATIONSHIP IN 2017
December 1st, 2016
FINLAND’S independent contract car maker Valmet Automotive (VA) is experiencing a remarkable renaissance thanks to orders from Germany’s Mercedes-Benz, growth that is expected to continue with support from the European Investment Bank (EIB).
VA’s breakthrough came when it signed a deal with Daimler in July 2012 to make more than 100,000 Mercedes Series A models between 2013 and 2017. And while VA could not confirm when exactly this production job will end, last November (2015) Valmet secured a new contract to make Mercedes GLC SUVs, with output to start ...
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