UPDATE 1-Daimler's Mercedes-Benz sees double-digit growth in China market

Newswire

By Norihiko Shirouzu CHENGDU, China, Aug 30 (Reuters) - Daimler AG's Mercedes-Benz expects to see growth of up to 15 percent in China's luxury car segment this year, a senior executive said, and is trying to grab a bigger share of that market by expanding into the inland-west and smaller cities. The company plans to open 75 new dealer outlets this year, nearly half in third- and fourth-tier cities, said China sales head Nicholas Speeks, as part ...

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