Daimler facing challenges in China

Beijing-Benz | | February 4, 2011 at 9:13 pm

From Nasdaq.com

Daimler, based in Stuttgart, Germany, makes the luxurious Mercedes cars. It also manufactures Freightliner trucks and other kinds of vehicles, making it the second-largest automaker in Germany after Volkswagen. In addition to automobiles, Daimler manufactures buses and provides financial services through its Daimler Financial Services arm. Daimler markets its cars globally under the brands Mercedes-Benz, Smart and Maybach. Daimler competes globally with automakers like BMW, GM, Ford, Audi, Honda, Toyota and others.

China is currently the third biggest market for Daimler, following Germany and the U.S. Daimler is betting big on the continued growth in Chinese market but several factors indicate that continued growth in Chinese market at its current rate may be unsustainable.

ash 010 web avatar Daimler facing challenges in China

Ash

Ash came to China at 18 on a whim and never left. Some 10 years later he collected a degree and a family along the way and now focuses his time on watching the Chinese car industry develop. He has witnessed the market change from being minor backyard market in to the world's biggest and most important market for all car manufacturers. You can contact or connect with him via Linkedin by clicking the 'Website' link.

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1 Comment so far, why not add your thoughts as well?

  1. avatar vava1 says:
    February 5, 2011 at 1:17 am

    (Quote: ‘China is currently the third biggest market for Daimler, following Germany and the U.S. Daimler is betting big on the continued growth in Chinese market but several factors indicate that continued growth in Chinese market at its current rate may be unsustainable.’)

    So what are those factors?

    Reply

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