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Daimler expects to outsell BMW in China in 3 years
Daimler AG CEO Dieter Zetsche said on Monday that he expects Mercedes-Benz to outsell premium auto brand rival BMW in China by about two to three years from now.
In March, Mercedes-Benz sales in China grew 50 percent to about 5,100 units, lagging BMW by just a few hundred units.
Zetsche said Mercedes-Benz had been China's fastest-growing luxury auto brand for the past three years.
From: Reuters |