Daimler Expects Chinese Demand to Remain Strong in 2022
25 Novembre 2021 - 12:28PM
Dow Jones News
By Markus Klausen
Daimler AG expects strong market developments in China to
continue in 2022 after the auto maker saw good growth in the
country this year.
"I'm extremely optimistic about China in the next year as well,"
the car maker's China chief Hubertus Troska told journalists on
Thursday.
Everything speaks for the fact that China will be a "super
market" in 2022 and that demand for premium vehicles, in
particular, is strong, he said.
Daimler sells roughly every third car in China, which is the
most important market for the auto maker.
While other markets experienced a slump this year, mainly due to
the semiconductor shortage, Daimler's Mercedes-Benz brand was able
to increase sales in China by 4% to around 592,200 vehicles in the
first nine months of 2021. However, third-quarter sales in China
were affected by bottlenecks in chip supply.
Mr. Troska added that the market for electric vehicles in China
is particularly significant. "China will be by far the most
important market for electric vehicles in the next ten years," he
said.
Write to Markus Klausen at markus.klausen@dowjones.com
(END) Dow Jones Newswires
November 25, 2021 06:13 ET (11:13 GMT)
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