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Daimler CEO still sees strong momentum in China

Published 01/12/2015, 11:58 AM
Updated 01/12/2015, 12:00 PM
© Reuters. Chairman of Daimler AG and Head of Mercedes-Benz Cars Dieter Zetsche speaks before revealing the Mercedes GLE Coupe during a preview event for the media, ahead of the 2015 North American International Auto Show (NAIAS) in Detroit, Michigan
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DETROIT (Reuters) - Daimler (DE:DAIGn) Chief Executive Dieter Zetsche on Monday said he sees global demand for passenger cars rising around 4 percent in 2015, adding that the maker of Mercedes-Benz luxury cars aims to outgrow the market thanks to continued demand in China.

Speaking to reporters at a press conference at the Detroit Motor Show Zetsche said that Mercedes-Benz was still experiencing strong growth in China.

© Reuters. Chairman of Daimler AG and Head of Mercedes-Benz Cars Dieter Zetsche speaks before revealing the Mercedes GLE Coupe during a preview event for the media, ahead of the 2015 North American International Auto Show (NAIAS) in Detroit, Michigan

"We are very confident that the momentum will continue," Zetsche told reporters.

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