Daimler Plans 20 More Vehicle Rollouts in China in Next 2 Years

Newswire

FRANKFURT, Dec 11 (Reuters) - Daimler will introduce 20 more models in China in the next two years, aiming to boost sales of its luxury Mercedes-Benz brand in the world's largest car market to 300,000 cars by 2015 without resorting to large discounts, a senior manager said. This, combined with the expansion of its dealership network, should help lift sales and repair the German carmaker's image, which suffered when dealers in China offered discounts of up to 18 percent on new cars, ...

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