German carmaker Daimler will invest a further EUR 250 million at its base in Kecskemét by 2018, Mercedes-Benz Manufacturing Hungary said on Tuesday. The company will invest in technology developments and expand production capacity, building a plant to produce next-generation compact car bodies. “The investment is a clear manifestation of commitment to Kecskemét and establishes the conditions for the successful production of next-generation compact cars,” Hungary head Christian Wolff said. “This decision supports Mercedes-Benz’s long-term plans in Hungary.” The investment will bring the total amount Daimler has put into the base to more than EUR 1.3 billion. It will make production more flexible and efficient, and strengthen the plant’s role in Daimler’s global production network, the company said.