Mercedes CEO Says China Auto Market Decline Exceeded Expectations
Mercedes-Benz CEO Ola Kaellenius said the decline in China's automotive market has been greater than feared at the start of the year.
The decline in China's automotive market has been even greater than feared at the start of the year, Mercedes-Benz XETR:MBG CEO Ola Kaellenius said at an industry conference in Berlin on Wednesday."This predictability no longer exists. It's not zero, but it's definitely less than it was 20 years ag…