The FINANCIAL — Marking another milestone for Mercedes-Benz in China, in early December the first locally produced Mercedes-Benz GLK compact SUV rolled off the line at the Beijing production plant of Beijing Benz Automotive.
This follows the June 2011 agreement between Daimler and Chinese Joint Venture partner BAIC to further expand their cooperation in China with various projects, including the GLK. The Mercedes-Benz GLK has received a very warm welcome from customers worldwide since its debut in 2008. In particular in China, a growing number of customers have appreciated the brand’s compact SUV, with sales already well in excess of 20,000 units in the current year. China now represents one of the most important markets worldwide for the GLK.
Mercedes-Benz sold 168,940 vehicles overall in China from January through November 2011, an increase of 29.9 percent compared to the same time-frame in 2010. Year-to-date sales in October 2011 already exceeded the total number of cars sold in 2010. The next few years are also certain to see further sales growth: in 2015, the company aims to sell more than 300,000 Mercedes-Benz passenger cars in China.
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