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Mercedes-Benz China

Latest Mercedes-Benz News

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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New Mercedes-Benz Arena in China Inaugurated

Mercedes-Benz has just inaugurated its first arena that’s not in Germany, with the rechristening of the former Shanghai World Expo Cultural Center as the Mercedes-Benz Arena. The new venue is part of the Daimler company’s celebration of the 125th year of the automobile and a symbol of Mercedes’ foothold in the fast-expanding automotive market in China. Ulrich Walker, the chairman and chief executive officer of Daimler’s Northeast Asia division, was present at the inauguration. “Taking this special commemoration momentum, Daimler and Mercedes-Benz will further deepen our commitment to the rapidly developing Chinese market through significant investment and localization,” said Walker. True enough, China is pivotal to every automaker’s plans. Just… Continue Reading »

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