Home
/ China News / News detail
Mercedes-Benz hopes to sell 25,000 vehicles in Chinese market this year, up 40 percent
Shanghai. November 13 (Gasgoo.com) - In the first ten months of the year, Mercedes-Benz has sold over 20,000 vehicles in Chinese market and the company expects to sell 25,000 vehicles by year-end, said Klaus Maier, President and CEO of Mercedes-Benz China.
"If we could sell 25,000 vehicles this year, China is likely to enter Mercedes-Benz's top 10 market list. And we expect China to enter top five market list in the near future," Klaus Maier told Shanghai Securities News, adding that China has already become Benz S Class' second largest market throughout the world.
However, China is becoming Mercedes-Benz's fasting growing market in the world, Shanghai Securities News said.
A new generation of Mercedes-Benz C class sedan was introduced to Chinese market last week and the model will be locally produced in March next year, Maier said.
"We are not afraid the impact of local production plan on the sales of new C class in Chinese market," Maier said. "In the first four or five months this year, the sales of old C class was up 100 percent compared to the same period last year. "
The imported new C class will be sold in a three-to-four-month transitional period and locally produced new C class will hit Chinese market next spring, Maier said.
"In the next two years or one year and a half, locally produced Benz vehicles and imported vehicles will each represent a half of total Benz sales in Chinese market, but in the future, locally produced Benz vehicle will take bigger share," Maier said.
Local production of Benz vehicles must meet two requirements said Dong Changzheng, vice president of Beijing Benz Daimler-Chrysler. "First, it must meet Chinese regulations on the local production of foreign brand vehicles; locally produced vehicles must Mercedes-Benz's global standards."
As for the sales network, Dong said Mercedes-Benz has four 4S stores and two exhibition facilities in Beijing and 85 franchised stores throughout China.
In the first ten months of the year, Mercedes-Benz has sold 1.05 million vehicles worldwide, up 1.9 percent from one year earlier, Shanghai Securities News reported.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com
