Daimler expects double-digit growth in its North Asia sales next year

Article by Christian A., on August 29, 2010

Daimler AG predicts that it will achieve double-digit growth in its North Asia sales next year, according to Ulrich Walker, the chairman and CEO of Daimler Northeast Asia. At a media briefing last Monday, Walker said that the North Asia region is on track to sell 95,000 vehicles, including cars, trucks and vans, this year.

The North Asia region is composed of mainland China, Hong Kong, Taiwan and South Korea. China, of course, is now the biggest auto market in the world and Daimler expects that its sales growth in China will exceed the projected industry average of 15 percent next year.

Walker said that the company's sales projection would represent a sharp drop from its 2009 passenger-vehicle sales growth target in China, which is likely to be between 64 percent and 68 percent.

Helping fuel Daimler's growth in China is the scheduled launch of the new Mercedes-Benz E-Class medium-premium car in mid-2010, along with loans offered by its own financing unit. Unfortunately, the sales trend in other countries cannot be said to be as optimistic.

Daimler's Mercedes-Benz unit sold 8,500 cars in China in November, a 224% increase from a year earlier. Walker also asserted that full-year sales in 2009 in China were expected to outperform its previous target of 65,000.

Topics: daimler, asia, sales

If you liked the article, share on:

Comments

Recommended

Volkswagen of America has a nice surprise for potential customers of the new VW Tiguan (2018 model year). The latest iteration of the Tiguan – set to arrive in the...
by - May 25, 2017
Toyota Camry is many things but exciting isn’t one of its frequent descriptions. That’s why throughout the years, Toyota has been stepping up its game for the said model in...
by - May 25, 2017
Volkswagen intends to leave the crowd in awe at the Worthersee Meeting (Wortherseetreffen) – the largest VW and Audi car show in Europe – with its new GTI Worthersee concept. ...
by - May 25, 2017
The much-hyped 2018 Dodge Challenger SRT Demon certainly has attracted a lot of attention, and possibly many potential buyers. Now, here is good news for interested customers: Dodge has finally...
by - May 25, 2017
An RHD (right hand drive) BMW M4 DTM Champion Edition has been listed to be for sale by Romans International, UK’s leading supercar dealership. The first owner of this rare...
by - May 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries