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Mercedes-Benz Sees 60% Sales Growth in Chinese Market for 2011

After a strong showing in the Chinese market in 2010, Mercedes-Benz has high hopes for 2011—that is, 60 percent high. That’s how much the company is expecting sales to grow this year, with an annual target of 80,000 units sold in China. The company is in a good position for such a lofty goal, what with its recent join venture with the Beijing Automotive Industrial Holding Co. (BAIC). As part of Merc’s efforts to keep up with the high demand, the proportion of imported vehicles in the country will be limited to 30 percent, as opposed to the original projection of 70 percent. That morsel of info was confirmed by… Continue Reading »

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