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Daimler Annual Report 2011 - Alle jaarverslagen

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3.43<br />

Investment in property, plant and equipment 2012–2013<br />

In %<br />

Mercedes-Benz Cars 67%<br />

<strong>Daimler</strong> Trucks 23%<br />

Mercedes-Benz Vans 8%<br />

<strong>Daimler</strong> Buses 2%<br />

<strong>Daimler</strong> Financial Services 0.2%<br />

3.44<br />

Investment in property, plant and equipment<br />

2010 <strong>2011</strong> 2012-2013<br />

In billions of euros<br />

<strong>Daimler</strong> Group 3.7 4.2 10.6<br />

Mercedes-Benz Cars 2.5 2.7 7.1<br />

<strong>Daimler</strong> Trucks 1.0 1.2 2.5<br />

Mercedes-Benz Vans 0.1 0.1 0.8<br />

<strong>Daimler</strong> Buses 0.1 0.1 0.2<br />

<strong>Daimler</strong> Financial Services 0.01 0.02 0.02<br />

3.45<br />

Research and development expenditure 2012–2013<br />

In %<br />

Mercedes-Benz Cars 69%<br />

<strong>Daimler</strong> Trucks 21%<br />

Mercedes-Benz Vans 6%<br />

<strong>Daimler</strong> Buses 4%<br />

3.46<br />

Research and development expenditure<br />

2010 <strong>2011</strong> 2012-2013<br />

In billions of euros<br />

<strong>Daimler</strong> Group 4.8 5.6 10.9<br />

Mercedes-Benz Cars 3.1 3.7 7.6<br />

<strong>Daimler</strong> Trucks 1.3 1.3 2.3<br />

Mercedes-Benz Vans 0.3 0.4 0.6<br />

<strong>Daimler</strong> Buses 0.2 0.2 0.4<br />

Capital expenditure<br />

In order to achieve our ambitious growth targets, we will<br />

expand our product range in the coming years and develop<br />

additional production and distribution capabilities. We also<br />

intend to play a leading role in the far-reaching technological<br />

transformation of the automotive industry. For this purpose,<br />

we will invest a total of approximately €10.6 billion in property,<br />

plant and equipment in the years 2012 and 2013, which is<br />

€2.7 billion more than in the two previous years. 3.43 3.44<br />

At the Mercedes-Benz Cars division, the focus will be on<br />

renewing and expanding our product range. The most important<br />

projects are the additional models in the compact-car segment<br />

and preparations for the new S-Class at the Sindelfingen<br />

plant. But substantial investment is planned also for the<br />

modernization and expansion of engine and transmission production<br />

at the plant in Untertürkheim as well as for the expansion<br />

of our production capacities in the United States and India.<br />

<strong>Daimler</strong> Trucks will mainly invest in successor generations<br />

of existing products and new global engine projects in the<br />

coming years. Other areas of investment for that division<br />

are the expansion of production capacities in Latin America<br />

and the new truck plant in India. At Mercedes-Benz Vans,<br />

the focus is on the new city van Citan, the further development<br />

of the existing model range, production and marketing of<br />

the Sprinter in Argentina, and the expansion of the sales and<br />

service organization. The key projects at <strong>Daimler</strong> Buses<br />

are advance expenditure for new models and alternative drive<br />

systems.<br />

In addition to investing in property, plant and equipment, we<br />

are developing our position in the emerging markets by means<br />

of targeted financial investments in joint ventures and equity<br />

holdings. This includes for example our joint ventures with<br />

BAIC and Foton in China.<br />

Research and development<br />

With our research and development activities, our goal is to<br />

further improve <strong>Daimler</strong>’s competitive position against the<br />

backdrop of upcoming technological challenges. We want to<br />

create competitive advantages above all by means of innova ­<br />

tive solutions for low emissions and safe mobility. In addition,<br />

we intend to utilize the growth opportunities offered by<br />

worldwide automotive markets with new and attractive products<br />

that are tailored to the needs of our customers. In the years<br />

2012 and 2013, <strong>Daimler</strong> plans to spend a total of €10.9 billion<br />

on research and development activities. 3.45 3.46<br />

Research and development expenditure at Mercedes-Benz Cars<br />

of €7.6 billion will be significantly higher than in the two<br />

previous years. A large part of this spending will flow into new<br />

vehicle models. In the context of the “Mercedes-Benz 2020”<br />

growth strategy, Mercedes-Benz Cars will expand its model<br />

range by the year 2015 with the addition of ten new vehicles;<br />

this will take place across all segments, from the new compact<br />

cars to the S-Class. Key projects include the successor mod ­<br />

els to the C- and S-Class, the new smart, and new engines and<br />

alternative drive systems. Research and development<br />

expenditure at <strong>Daimler</strong> Trucks will remain at a high level.<br />

126

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