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Companies & Markets

Mercedes-Benz China sales to moderate in remainder of 2016: country head

Published Mon, Apr 25, 2016 · 05:51 AM
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[BEIJING] Sales of Mercedes-Benz vehicles in China will moderate over the remainder of 2016, compared with a 39 per cent year-on-year growth in the first quarter, the brand's China head said on Monday.

Mercedes-Benz's sales in China rose three times as fast as BMW's in the first quarter, to make the brand the biggest seller of luxury cars globally, monthly registration figures showed earlier this month.

The latest outlook was provided by Mercedes' China chief, Hubertus Troska, during a media roundtable at the Beijing autoshow.

Mercedes is owned by Daimler AG.

REUTERS

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