Latest News:  
Beijing   Cloudy/Light rain    11 / 7 ℃  City Forecast

English>>China Business

Mercedes faces auto show protest (2)

By Cong Mu (Global Times)

09:35, November 23, 2012

Some comments under the microblog piece speculated that the protest might have been encouraged by Mercedes' competitors, but im4s.cn wrote in a follow-up microblog post, "[Mercedes] needs to deal with its problems seriously. After all, it's late November now, and we can see some problems by comparing the respective performance of BBA (BMW, Benz and Audi) this year in China."

Mercedes sold 169,070 vehicles in the first 10 months of the year in China, up by 8 percent year-on-year. But its rival Audi sold 332,959 vehicles during the same period, soaring by 31.2 percent year-on-year, Reuters reported Sunday.

BMW's China sales in the first nine months of 2012 jumped by 32.7 percent to 219,800 vehicles, Reuters said.

Mercedes' lackluster performance this year was mainly due to difficult relations with its main dealer in China, Lei Shing Hong Auto, and its joint venture partner, the State-owned Beijing Automotive Group, Zeng Zhiling, director of LMC Automotive Asia Pacific Forecasting, told the Global Times.

"The three parties are all competing for profits derived from the sales of both domestically made and imported cars, and the situation is not very optimistic," Zeng said.

Mercedes has been hesitant to allow further localization in China, and sales of its locally produced E-Class models have been disappointing this year, despite a sharp cut in prices.

【1】 【2】



Recommended Features:
Vibrant Opportunities amid Transition From 'Made in China' to 'Created in China' A Journey to Cultural Renaissance
The Vision of A Pillar Industry China: A Fast-growing Force in IPR IPR in China: Local Roots Bearing Global Fruits
A Decade of Fastest Development Eastern Boom Lightens Western Gloom Chinese firms 'potential Trojan horses'?

Email|Print|Comments(Editor:李倩、梁军)

Related Reading

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Weekly review of military photos (2012.11.19-11.23)

  2. Astronomy pictures of the week (11.18-11.24)

  3. The world in photos (2012.11.18-11.23)

  4. Boy saves classmate, loses own leg

  5. 10th China Int'l Auto Exhibition to be held

  6. World's highest-altitude civilian airport to open

  7. Yang Liping: rebirth like a phoenix

  8. Female students of CKGSB

Most Popular

Opinions

  1. Encourage spending, not saving
  2. Car firms show up in droves
  3. Please show more tolerance for 'vulgar culture'
  4. Build society's bottom line for children
  5. China, Japan, S Korea should promote FTA talk
  6. Photovoltaic spotlight turns to domestic market
  7. 'Background competition' can trap anyone
  8. Potential huge for China to go 'green'
  9. Israel-Hamas ceasefire "victory" for Palestine
  10. Commentary: Hot money needs cooling

What’s happening in China

10th China Int'l Auto Exhibition to be held in Guangzhou

  1. 1st test flight lands at Daochengyading Airport
  2. It's a dog's life in the armed police force
  3. Toll-free roads this Spring Festival
  4. Whistle-blowing dairy manager dies
  5. Man sentenced to death for killing mother