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Detroit Car Show 2014: Europe has bottomed out -Zetsche

Monday, Jan 13, 2014 - 01:49

Jan 13 - Daimler AG CEO and head of Mercedes Dieter Zetsche says a slow recovery has begun in Europe and he expects Mercedes sales to grow in 2014.

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Mercedes-Benz. Captured the -- at number one luxury car maker. The US in 2013. They had several luncheons at the auto show -- I asked me the old -- the agency that had a Mercedes-Benz. Doctors dieters sites -- what is expectations are forced sales in the year ahead. We think that the market that go together we consider something like 5% growth for the hockey -- realistic. Expectation. We think that those new models. We aren't very good position to. Maintain our. Our plays which means to let these this process at some market that's. Yeah of course the change of on this because gives us some restrictions apply for some period of time. But altogether we have a fantastic demand movement of this month. Tell me what you're seeing here with your bottom down. We think so yes we don't expect to rapid growth but -- Sierra -- recoveries you know like 12% go to -- It could be realistic. And Chinatown a little bit about your expectations that. But China's market has shown. As spectacular growth rates at trading in recent years. We expect there the -- again to be in there no but he did hit a growth. Area. Which of course makes this -- markets. That effective. -- street sales overall were up about 14% really incredible here can it realistically keep growing up -- We think that have been at least go as much as the -- total market. Many many people it's by Eric to the throne of the automotive industry which is that actually segment. And -- people. -- you've moved to do so occupants thanks very much.

Detroit Car Show 2014: Europe has bottomed out -Zetsche

Monday, Jan 13, 2014 - 01:49

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