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Daimler confident of China growth after record earnings in ’15

STUTTGART – Daimler is confident that the Chinese automobile market will expand significantly again and make the largest contribution to worldwide growth after a record 2015 in which group unit sales, revenue and earnings achieved record highs in the history of the 130-year-old company. Dr. Dieter Zetsche, chairman of the

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China in the spotlight as Daimler reports record earnings

Daimler reported record unit sales, revenue and earnings at its 2016 Annual Press Conference held in Stuttgart, Germany on February 4. But it felt like the event took place in China. The fact that more than a dozen journalists from China were invited to attend the event and China resonated

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Multinational carmakers may better navigate China’s NEV market

The NEV industry has been described as an Andersen’s Fairy Tale with many beautiful wishes in China. But the NEV market has been bleak and disappointing. The impractical industry objectives have never been achieved. However, driven by government policy incentives, the number of NEV pilot cities is increasing because pilot

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