Daimler Achieves Double-Digit Growth in China in 2020
19 December 2020 - 1:30AM
Dow Jones News
By Markus Klausen
Daimler AG will achieve double-digit sales growth in China this
year and said it is optimistic about its performance in the region
in 2021.
"The overall picture continues to be extremely positive in
China," Hubertus Troska, member of the management board for the car
maker's China business, said at a press conference on Friday.
By end-November, Daimler had already exceeded last year's sales
of about 693,000 vehicles in China.
Mr. Troska said the domestic market in China was extremely
strong and consumers had very high available liquidity.
"I expect this positive momentum to carry into next year," he
said.
Write to Markus Klausen at markus.klausen@wsj.com
(END) Dow Jones Newswires
December 18, 2020 09:15 ET (14:15 GMT)
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