In order to further increase unit sales, the automobile portfolio will be successively expanded and geographical presence will be broadened by expanding sales structures and production capacities, especially in the NAFTA region and in China.There will be a positive impact on the progress to the top of the premium segment from the fact that the automotive industry continues to be a growth industry. According to forecasts, worldwide car sales will increase from 60 million units in 2011 to 100 million units in 2020. China is already the world's biggest market in terms of unit sales and will remain so in 2020, but the country's car market will have doubled by then. China therefore remains a cornerstone of Mercedes-Benz Cars' growth strategy. The second-most important sales market, the United States, is projected to have an annual average growth rate in the premium segment of 5.6%. And India will advance to become the world's third-largest car market by 2020.
Mercedes-Benz Consistently Implements Its 2020 Growth Strategy
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