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Mercedes-Benz leaves others in the dust in H1 2017 China premium brand end-user sales

According to data from CBU Analytics, the premium brand passenger vehicles (cars, SUVs and MPVs) accounted for 9.13 percent of the total PV registration volume in 2012, up from 7.85 percent in 2011, but stayed at around 9 percent for the next few years. Due to the sales slump of

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From ABB to BBA: Mercedes-Benz charges ahead and Audi drops to third in Q1 2017

According to data from CBU Analytics, China registered 551,436 premium brand passenger vehicles (cars, SUVs and MPVs) in Q1 2017, up 18.43 percent despite the overall slump of the total passenger vehicle registration volume. The premium brand PVs accounted for slightly more than a tenth of the total PV

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Audi’s “engagement” with SAIC a dangerous but necessary move

Get used to Audis produced and sold by SAIC-Volkswagen. SAIC Motor’s MOU signed with partner Volkswagen Group on November 11 to produce and sell Audis at their joint venture SAIC-Volkswagen, following several days of rumor mills, is the latest shocker in an industry already filled with blockbuster news this year.

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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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Auto financing penetration to reach 50 percent by 2020

China’s auto financing penetration is expected to reach 50 percent by 2020 from the current level of around 20 percent, according to Benjamin Y. Chang, director of China Automotive Consulting at consulting firm Deloitte. “Growing demand, favorable policies and more product offerings are growth drivers,” said Chang at the panel

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Mulally: JV equity rule relaxation would be natural evolutio

WUHAN, Hubei – Alan Mulally, president and CEO of Ford Motor Co., believes that China’s 50:50 equity structure requirements for Sino-Foreign vehicle JVs, if lifted, would be a natural occurrence. Mulally made the comment at a press conference in Wuhan, Hubei Province, on the sidelines of the 4th annual Global

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