Consumer Spending Prompts Mercedes Expansion

Mercedes-Benz Malaysia is planning to increase its domestic production, as it looks to achieve record sales in 2011. The German carmaker believes there is strong growth potential in the country's premium segment, owing to positive consumer sentiment and a willingness to spend on high-end products. This backs up BMI's Asia team's view that domestic demand will be a key growth driver in Malaysia in 2011 and

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