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Nicholas Speeks, president of Beijing Mercedes- Benz Sales Service Co. told media that according to Daimler AG anticipation, high-end auto market of China will have a more than 10% virtuous increase. However, Mercedes- Benz is unable to catch up the growth of auto industry in a short time.

Daimler AG's (DAIGn.DE) Mercedes-Benz will launch about 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.