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BIZCHINA> Top Biz News
Mercedes-Benz's China sales jump 11% in January
By Li Fangfang (chinadaily.com.cn)
Updated: 2009-02-20 16:02

German premium carmaker Mercedes-Benz said on Friday that it sold 3,200 vehicles on the Chinese mainland in January, a year-on-year increase of 11 percent.

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The rise was largely due to the strong sales performance of its flagship model, the S-Class, which rose 26 percent year-on-year, allowing China to overtake the United States as the world's largest market for the high-end model.

So far Mercedes-Benz has expanded its S-Class family to 10 models in China, providing local customers with the most extensive choice in the top-luxury saloon segment. The S-Class currently has a 41-percent share of the domestic luxury saloon market.

The firm's SUVs also enjoyed fast growth in January, with sales rising 80 percent year-on-year. Two fuel price cuts over the past two months helped the SUV segment maintain its rapid growth in January.


(For more biz stories, please visit Industries)

 

 

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