UPDATE 1-Daimler's Mercedes-Benz outlines strategic plan for China growth


By Norihiko Shirouzu BEIJING, Aug 27 (Reuters) - Daimler AG's Mercedes-Benz will launch around 20 new or upgraded car models in China over the next two years, part of a broader turnaround effort aimed at reversing the brand's recent struggles in the world's biggest auto market. Unveiling details of the strategy in Beijing on Tuesday, Daimler's new China chief, Hubertus Troska, said the company would spend 2 billion euros ($2.67 billion) over the ...


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Mar 8, 2018

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