Daimler Jan-Sept Greater China sales up 54 pct

BEIJING - Daimler AG, the world's leading truck manufacturer, said it sold 32,375 units in Hong Kong, Macau and mainland China in the first nine months, up 54 percent over the same period a year earlier.
 
A company spokesman disclosed the figures to reporters in Beijing on Friday.
 
Ulrich Walker, the chairman for Daimler Northeast Asia, said the financial crisis had not changed the course for Daimler's operations in China.
 
"We will continue with what we have planned with products and joint ventures," told reporters. "We are optimistic about greater China."
 
Daimler and Beiqi Foton, a major Chinese commercial vehicle company, agreed earlier this month to form a 50-50 joint venture to sell trucks.
 
Walker said he expected approval for the joint venture with Foton in the second half of next year.
 
The JV will sell medium and heavy-duty trucks in China and in overseas markets under Foton's Auman brand.
 
With the deal with Foton, Daimler will have three joint ventures in China, two for commercial vehicles and one for passenger cars.
From:Reuters

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