FE Today Logo

Mercedes car sales in China to rise in 2011

April 12, 2011 00:00:00


BEIJING, April 11 (Reuters): Sales of Mercedes cars in China will likely rise about 20 per cent this year, a senior Daimler AG executive said Monday. Ulrich Walker, chairman and CEO for Daimler Northeast Asia , gave the outlook in comments to reporters in Beijing. Earlier, he said China sales of Mercedes cars in the first quarter rose 86 per cent from a year ago. Daimler makes Mercedes-Benz E-Class and C-Class cars in a tie-up with Beijing Automotive Industry Holdings Co (BAIC). It may add Mercedes-Benz A-Class and B-Class models to the portfolio. Walker also said Daimler will launch an electric vehicle in China in 2013 in conjunction with BYD Co Ltd but did not provide further details.

Share if you like