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May
28th

CHINA: Mercedes cars seen returning 10% on sales in 2012

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Daimler sees further growth opportunities for Mercedes-Benz Cars in terms of unit sales, revenue and earnings in the coming years. Chairman Dieter Zetsche told analysts in Beijing: "From today's perspective, assuming there is no further downturn of the world economy, we expect Mercedes-Benz Cars to achieve its targeted return on sales of 10% in the second half of 2012 and to maintain it as of full-year 2013." Full story...
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