Daimler wants to drastically increase Chinese production, at the expense of their booming imports. Dr. Z. told China’s National Business Daily (via Gasgoo) that their joint venture with BAIC, Beijing Benz Automotive Co, will expand its production capacity to 200,000 units a year. What won’t make people back home happy: Daimler wants to reduce the proportion of imported Mercedes-Benz models in the Chinese market to 30 percent from 70 percent. (Read More…)
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