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Daimler expects sales to rise despite China's declining market


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Daimler expects sales to grow in China despite the fall in the Masress market on Wednesday, November 21, 2018.

Daimler expects sales to rise despite China's declining market

A Posted in New Sunrise on 21 – 11 – 2018

German company Daimler expects to win in China, with sales continuing to grow as the luxury sector returns, despite the fall in the world's largest car market.
"We are confident," Hubertus Troska, responsible for the Chinese market in Beijing, said during the launch of the new Mercedes A Class models on the Chinese market. "Despite the difficult market conditions, the luxury cars market continues to grow."
China's world car market, the world's largest car registrations, has declined in recent months as consumers cut their spending amid a trade war between the Chinese government and the United States.
Car sales in China dropped 0.1 percent to 22.97 million vehicles in the first 10 months of 2018. In October, sales fell 11.7 percent from the same month last year, greater decline over the past seven years.

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Source: Mask

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