Mercedes less upbeat than BMW on China sales outlook
April 20 (Reuters) - Daimler's Mercedes-Benz division expects higher car sales in China this year, though the luxury brand is less upbeat than its German rival BMW.
"We will grow," Hubertus Troska, head of Daimler's China operations, told reporters on Saturday at the Shanghai auto show, without being more specific.
China's premium auto market may expand "at a high single digit or low double digit rate" this year, Daimler CEO Dieter Zetsche said.
Earlier on Saturday, BMW, the world's biggest maker of luxury vehicles, said it expected "upper single-digit" sales growth in China, according to sales chief Ian Robertson. (Writing by Andreas Cremer; Editing by Ron Popeski)
- IPhone emerges from 'bygone era', reviewers hail bigger handset
- Divided, Scots prepare to vote on fate of the United Kingdom |
- Fed renews zero rate pledge, but hints at steeper rate hike path |
- Boeing, SpaceX win contracts to build 'space taxis' for NASA
- Islamic State campaign tests Obama's commitment to Mideast allies