Stock Groups

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

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: Daimler’s logo can be seen at the annual shareholder meeting of the carmaker in Berlin (Germany), April 5, 2018. REUTERS/Hannibal Hanschke/File Photo

BERLIN (Reuters: Daimler (OTC) China Chief said Thursday that China’s sales would remain strong in next year. He also stated that he is confident Mercedes-Benz can grow its share of China’s electric vehicle marketplace given the lackluster competition from the premium segment.

Hubertus Troska stated on a roundtable discussion with journalists that China’s automobile sales rose 12% to an all-time high of 774,000, in spite of the pandemic.

Troska declared, “Everything supports the fact China will become a Super Market next year.”

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]