Daimler upbeat on sales prospects in China: Executive

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Daimler is very positive about the prospects for selling luxury cars in China next year, the company's China boss Hubertus Troska said on Friday.

STUTTGART: Daimler is very positive about the prospects for selling luxury cars in China next year, the company's China boss Hubertus Troska said on Friday .

“It is going very well. China is a growth market for us. I am very positive for 2020, the demand for premium cars is super,” Troska said.Daimler has built more than 500,000 vehicles in China this year and overtaken German rival Audi in volume terms, Troska said, adding that production of the electric Mercedes EQC had just started.

Troska declined to comment on whether BAIC had raised its stake in Daimler but said the company welcomed all long-term investors. He added that Daimler continues to evaluate further cooperation opportunities with Geely.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Size, colour and smell: Livestreaming rings up big sales in ChinaZhang Dayi tugs at the sleeve of her grey sweater and rubs the material as 2.3 million viewers watch her every move.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China says to keep policies steady in 2020, make them more effectiveBEIJING: China will keep its economic policies steady while making them more effective in 2020 to help achieve its annual growth target, the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Samsung to invest an extra US$8 billion in China chip plant: mediaSamsung Electronics will increase investment at its chip factory in China by US$8 billion to boost production of NAND flash memory chips, Chinese ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Samsung to invest an extra US$8 billion in China chip plant: MediaSamsung Electronics will increase investment at its chip factory in China by US$8 billion to boost production of NAND flash memory chips, Chinese ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Apple's China iPhone shipments fall 35per cent in November: Credit SuisseApple Inc's iPhone shipments in China fell more than 35per cent in November, marking their second straight double-digit decline as sales of the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: S&P 500 hits record high as Trump says close to 'big deal' with ChinaRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »