In order to achieve our ambitious growth targets, we will systematically expand our product range in the coming years. At the same time, we want to be able to play a leading role in the far-reaching technological transformation of the automotive industry. This applies in particular to the increasing electrification of our product portfolio and to the digital connectivity of our products and processes along the entire value chain. By intelligently connecting the constantly growing volumes of data, we will create efficiency advantages, improve our product quality and facilitate the ongoing flexibilization of the production process. Against this backdrop, we will once again significantly increase our investment in property, plant and equipment in the year 2018.

Following the significant increase in the year 2017, capital expenditure at Mercedes-Benz Cars will increase again in 2018. This is primarily due to the product offensive and the expansion of production capacities. The most important projects include the successor models of the current compact class, the C-Class, the product ramp-up of the new GLE and GLS, and the new gasoline and diesel engines of the new engine series. Substantial investment is planned also for the realignment of our German production sites, for the expansion of our international production network, and for the worldwide production network for electric mobility. Daimler Trucks will mainly invest in successor generations of existing products, in new products, in global component projects, in the optimization of its worldwide production network and in the new Daimler Trucks Campus. At Mercedes-Benz Vans, the focus of capital expenditure will be on production of the next generation of the Sprinter in Germany and the United States. Key projects at Daimler Buses are improvements in the production network and advance expenditure for new models, in particular for the development of an electrically powered city bus.

Research and development