Mercedes-Benz sales expected to grow more than 60% year-on-year in China

Mercedes-Benz has high hopes in China. It expects that brand sales will rise more than 60% year-on-year, propelled mainly by the demand for the flagship E- and S-Class sedans. Sales for these two models are seen to be a key driver of future sales.

Last week, parent Daimler AG admitted that the demand for luxury cars in China led to Mercedes-Benz achieving a new sales record in China for every month of this year. In a statement, Mercedes-Benz Cars sales chief Joachim Schmidt said that it will expand its presence in the Chinese market in 2010.
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Yonder7 - 12/14/2009 8:56:46 PM

+1 Boost

That is the Salvation for all the German and American companies, at least, till they learn how to create advanced technology cars.

Agent63 - 12/15/2009 1:28:21 AM

+1 Boost

China's market is a great salvation for auto makers because of the amount of wealthy people over there. Sure Cadillac, Buick and the likes are popular over there but Mercedes-Benz is highly regarded over there. Heck, it's the world's most recognized brand when you think luxury cars. So i'm not surprised. This can go for a lot of other companies like BMW, Jaguar, and Audi as well.