BEIJING, April 20 Germany's premium carmaker
Daimler expects to grow its sales in China, the
world's largest auto market, by double-digit percentages this
year, Chief Executive Dieter Zetsche on Sunday.
"We aim to grow faster than last year," Zetsche said during
a roundtable session at the Auto China show in Beijing. "We
expect the market to have a two-digit growth, and probably the
premium market to grow at an even higher rate."
The maker of the luxury Mercedes-Benz series sold 211,000
cars last year, up 11 percent from 2012, he said.
Growth is expected to ramp up further in 2015 after
production of the new C-Class sedan starts in China in the third
quarter of this year, said Hubertus Troska, a Daimler board
member responsible for greater China.
For its Mercedes-Benz cars, growth will come mainly from
expanding in smaller Chinese cities.
"We are going to add 100 outlets and launch in 40 new
cities," Troska said.
The outlook for global growth in the passenger car market is
likely to be between four and five percent, Zetsche said.
"Within this range it might tend more toward four than to
the five percent," he said.
(Reporting by Edward Taylor in BEIJING; Editing by Lee Chyen