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Daimler Returns To Iraq

May 2008 | Company News Alert
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German carmaker Daimler has reignited its interest in Iraq after almost two decades, with plans to establish a representative office in Baghdad. Although the company has not yet revealed a definitive investment figure, spokeswoman Ursula Mertzig-Stein has confirmed to local press that Daimler is talking to potential partners about projects. While the area of business is also unknown, Daimler has a history in Iraq's commercial vehicle market through its Mercedes-Benz trucks and was looking to begin local production at the time of the invasion of Kuwait in