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China Seems Kinder To Mercedes-Benz

Forbes - 28 Aug 2015 19:40
China Seems Kinder To Mercedes-Benz It's been a slow year for most automakers who depend on their sales in China, considering how the country had been a cash cow over the last few years. The world's largest automotive market has suffered a substantial hit this year, with sales of passenger vehicles declining in both June and July by 3.4% and 6.6%, respectively. Overall, automobile sales are up only 0.4% year-over-year through the first seven months. The slowing economic conditions and the stock market crash in China have had a con...
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