News Snapshot:
Strong rebound in demand from China let Daimler and rival BMW pre-release forecast beating third-quarter results Carmaker sold about 700,000 vehicles in China last year, CEO says Daimler CEO says China will remain Mercedes-Benz’s biggest growth market in the next decade, and that the German carmaker will adjust its production locations to capture shifts in demand as global trade tensions continue to rise. Daimler’s chief executive said China will remain Mercedes-Benz’s biggest growth market in the next decade, and that the German carmaker will adjust its production locations to capture shifts in demand as global trade tensions continue to rise....
