Mercedes-Benz planning to produce more passenger cars in China

Article by Christian Andrei, on January 25, 2011

Daimler AG is considering a plan to produce more passenger car models in China, and it has reaffirmed a forecast that sales in mainland China will enjoy at least a 10 percent growth in 2011.

Ulrich Walker, Daimler’s northeast Asia chairman, said Daimler is evaluating Chinese production of its A Class and B Class sedans and SUVs, depending on demand.

Daimler forecasts China's car market will grow 10 percent to 15 percent in 2011, with luxury car sales exceeding overall expansion.

The carmaker, whose Mercedes-Benz luxury unit more than doubled deliveries in China to 147,700 units in 2010, currently makes its best-selling C Class and high-end E Class models there.

Government incentives and economic growth helped boost China's vehicle sales by 32 percent to 18.1 million units in 2010.

In China, Daimler has joint ventures with Fujian Motors Group and Beijing Automotive Industry Holding Co. Daimler, which intends to open up to 30 dealerships in China in 2011, says it expects to double production capacity in China in five years.

As of October 2010, Daimler could produce up to 100,000 units annually. Walker said that the demand for luxury cars will continue to increase due to the economic growth and rising incomes.

He said that he believes Daimler’s sales will not be affected by measures implemented by the Chinese government to cool the economy. [via autonews - sub. required]

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

More positive news has been pouring in before the year ends. For those who have been waiting to hear the latest word on Toyota 86, we have some great news....
by - December 10, 2016
Hyundai is making the green vehicle race more competitive by offering three powertrain types -- pure electric (EV), hybrid (EV plus combustion engine) and plug-in hybrid (PHEV) – in one...
by - December 9, 2016
Although specs for the new Renault Megane had already surfaced several weeks ago, we didn’t know that the company has cooked up something new. Aside from the 200hp gasoline, Renault‘s...
by - December 9, 2016
For the first time in fifty-eight years, Infiniti registers its first US-Spec Q60 Coupe in Cuba. American products have not been allowed entry into Cuba for six decades. But it...
by - December 9, 2016
Chevrolet has already given out the pricing for some of its 2018 Equinox models. Not only will the new Equinox be available in both the US and Canada, it is...
by - December 9, 2016
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