Salem Radio Network News Monday, November 29, 2021

Business

China to remain “super market” into next year, Daimler China chief says

BERLIN (Reuters) – Daimler’s China sales will stay strong next year, the carmaker’s China chief said on Thursday, adding he was confident that Mercedes-Benz could grow its share of the country’s electric vehicle market given little competition in the premium car segment.

Its car sales in China jumped 12% last year to a record 774,000 despite the pandemic, and over 8% growth had been registered this year so far, Hubertus Troska said on a roundtable with journalists.

“Everything speaks for the fact that China will be a super market next year as well,” Troska said.

(Reporting by Victoria Waldersee; Editing by Paul Carrel)

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