Looking Towards 2025

May 9th, 2016 by

Harald Rudolph, head of Daimler strategy, and Torsten Frech, deputy Chief Economist have a lot of insight when it comes to mobility. They recently sat down to answer a few questions about the subject, like “Will demand for cars not peak at some point?”

“We don’t believe it will,” said Torsten. “We can certainly see signs of saturation in the advanced economies. But many emerging markets in particular continue to reveal considerable pent-up demand for personal mobility. Demand for cars in these countries will grow on the back of rising per-capita incomes and a steadily increasing middle class….We should see above-average growth in the premium segment in China and even worldwide.”

If you’re in the (steady) market for a new car, come out to Mercedes-Benz of Charleston at 5 Dudley Farms Lane and try a new Mercedes-Benz on for size. You’ll be glad you did.

Source: New feed

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