Daimler Profits in China...

Discussion in 'Mercedes News' started by ironsheik, Apr 30, 2011.

  1. ironsheik

    ironsheik Hardcore MB Enthusiast

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  2. Dryce

    Dryce MB Club Veteran

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    It's a good spin. Problematic mature markets so you focus on the 'good news' from one that is emerging.

    China is huge. But the reality is per-capita wealth is low. But it represents an area for growth. Trouble is the media spin it up as rather more than it is.
     
  3. C43AMG

    C43AMG MB Club Veteran

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    When i picked up the S-Class from the factory in Jan 2008 they said 75% of S-Class's where going to China.
     
  4. Dryce

    Dryce MB Club Veteran

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    There's a huge market distortion in China.

    They sell a disproportionate numbers of S-Class compared with other models.

    Per capita income is still low overall - combine that with an imbalanced wealth distribution - and the absolute numbers (a small % of a billion people is a lot of people) - and you get some interesting headlines (as well as actual facts I guess).

    This is why the market is so deceptive in terms of the media headlines. It's not all it seems.
     

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