Investments
In the context of our strategy of strengthening our core business and with the transformation of the automotive industry, we aim to make good use of the opportunities presented by the global automotive markets. In this context, we always focus on the dynamically changing wishes of our customers. We therefore aim to play a major role in shaping the fundamental technological change taking place in the automotive industry. This applies in particular to the electrification of our product range and the digital connectivity of our products and processes at all stages of the value chain. Achieving this goal will continue to require substantial investments in innovative products and new technologies, as well as in the expansion of our worldwide production network. I
At December 31, 2019, financial obligations of €3.7 billion exist in connection with future investments in property, plant and equipment (2018: €4.3 billion).
At Mercedes-Benz Cars, investments in property, plant and equipment remained at the very high level of €5.6 billion i
Furthermore, we capitalized development costs of €3.1 billion i

B.31 Investment in property, plant and equipment by division
2019 | 2018 | 19/18 | |
In millions of euros | % change | ||
Daimler Group | 7,199 | 7,534 | -4 |
in % of revenue | 4.2 | 4.5 | |
Mercedes-Benz Cars | 5,629 | 5,684 | -1 |
in % of revenue | 6.0 | 6.1 | |
Daimler Trucks | 971 | 1,105 | -12 |
in % of revenue | 2.4 | 2.9 | |
Mercedes-Benz Vans | 240 | 468 | -49 |
in % of revenue | 1.6 | 3.4 | |
Daimler Buses | 134 | 144 | -7 |
in % of revenue | 2.8 | 3.2 | |
Daimler Mobility | 87 | 64 | +36 |
in % of revenue | 0.3 | 0.2 |