Mercedes-Benz China sales to moderate in remainder of 2016: country head
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium