Cars from Mercedes-Benz's A-Class (L) and C-Class series are pictured at Bandeirantes Palace, where the governor of Sao Paulo has his office, in Sao Paulo October 1, 2013. Daimler plans to build a new... more 
Cars from Mercedes-Benz's A-Class (L) and C-Class series are pictured at Bandeirantes Palace, where the governor of Sao Paulo has his office, in Sao Paulo October 1, 2013. Daimler plans to build a new manufacturing plant in Brazil, it said on Tuesday, becoming the third German premium carmaker to announce such plans within the past year. The Stuttgart-based company is to spend around 170 million euros ($230 million) setting up a plant in Iracemapolis near Sao Paulo, where it aims to manufacture up to 20,000 Mercedes-Benz C-Class and GLA cars annually. REUTERS /Paulo Whitaker (BRAZIL - Tags: BUSINESS TRANSPORT POLITICS) less 
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Reuters | Photo By PAULO WHITAKER / REUTERS
Tue, Oct 1, 2013 7:18 PM EDT