Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler...

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Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China

Transcript of Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler...

Page 1: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China

Page 2: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Content

2 J.P. Morgan China Submit 2014

China Economy & Market 1

2 Presence of Daimler in China

Page 3: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

China: 2nd largest economy with >$9 trillion GDP, economy maintained a stable and moderate growth

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China Economy & Market

J.P. Morgan China Submit 2014

China Economic Growth – GDP YTD, Volume in Trillion RMB, real growth in % to year ago

World Economic Growth – GDP real growth in % to year ago

Source: National Bureau of Statistics of China Source: Economic & Market Intelligence (S/EM) - March 2014

Q1 2014

7.4% Q1 2014

7.4%

Page 4: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Automotive production volume reached almost 100 times than that of 30 years ago

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China Economy & Market

J.P. Morgan China Submit 2014

China Automotive Production Volume in thousands units

240 1,062

13,791

22,117

The 10 million Vehicle (2009)

The First Vehicle (1956)

Page 5: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

As the largest automotive market worldwide, China reached 22 million units auto sales in 2013

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China Economy & Market

J.P. Morgan China Submit 2014

volume in thousands units FY 2013

Sales Volume

FY 2013

YoY Growth

YTD April 2014

YoY Growth

PV 16,224 +19% +12%

Truck 2,644 +10% +4%

Van 2,950 +4% +6%

Bus 250 +5% -1%

Total Market 22,069 +15% +10%

Source: China Association of Automobile Manufacturers

Page 6: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

And China will continue to top the global automotive market

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China Economy & Market

J.P. Morgan China Submit 2014

China PV Sales In million units

China Truck Sales In million units

Source: IHS Automotive Q1 2014

World No#1 World No#1

Page 7: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Content

7 J.P. Morgan China Submit 2014

China Economy & Market 1

2 Presence of Daimler in China

Page 8: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Daimler in China

8 J.P. Morgan China Submit 2014

Beijing

Fuzhou

Shenzhen

Daimler Trucks

Production and

Distribution

Mercedes-Benz Vans

Production and

Distribution

NEV Development,

Production and

Distribution

Mercedes-Benz Cars

Distribution

Auto Finance

R&D

Production

Page 9: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

9 J.P. Morgan China Submit 2014

Auman Trucks

Page 10: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Continuously increased its sales performance and pursues an ambitious growth plan for the next years

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Auman Trucks

J.P. Morgan China Submit 2014

Auman (BFDA) HDT Domestic Sales Development

Volume in thousand units, Market share in percent

Page 11: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Auman HDT achieved highest annual growth among Top 5 OEMs

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Auman Trucks

J.P. Morgan China Submit 2014

Top 5 OEM HDT Domestic Sales 2013

Volume in thousand units, annual growth rate in percent

+27% +32% +27% +19% +36% +33%

Sources: Domestic HDT sales volumes are based on CAAM minus China Customs export sales / Auman domestic sales is provided by BFDA

Page 12: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

12 J.P. Morgan China Submit 2014

Mercedes-Benz Trucks

Page 13: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Mercedes-Benz Truck remains No.1 European Importer in China with market share of 65% in 2013

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Mercedes-Benz Trucks

J.P. Morgan China Submit 2014

Mercedes-Benz Truck Sales Development

Volume in units

China HDT WEU Segment in 2013

SoM in percentage

65%

Page 14: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

MB Truck in China is strong in following segments

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Mercedes-Benz Trucks

J.P. Morgan China Submit 2014

Oilfield

Logistics: Dangerous Goods Logistics: SLT Logistics: E-Commerce Logistics: Cold-Chain

Concrete Pump Firefighting

Page 15: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Daimler in China

15 J.P. Morgan China Submit 2014

Beijing

Fuzhou

Daimler Trucks

Production and

Distribution

Mercedes-Benz Vans

Production and

Distribution

Page 16: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

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Mercedes-Benz Vans

Page 17: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Renewed strong sales growth in 2013

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Mercedes-Benz Vans

J.P. Morgan China Submit 2014

Mercedes-Benz Vans Retail Development

Volume in units

Mercedes-Benz Vans Retail in 2013

Model mix in percentage

Viano

Sprinter

17%

36%

47% Vito

Page 18: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Daimler in China

18 J.P. Morgan China Submit 2014

Beijing

Fuzhou

Shenzhen

Daimler Trucks

Production and

Distribution

Mercedes-Benz Vans

Production and

Distribution

NEV Development,

Production and

Distribution

Page 19: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

19 J.P. Morgan China Submit 2014

DENZA

Page 20: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

DENZA World Premier at Auto Beijing 2014

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DENZA

J.P. Morgan China Submit 2014

Page 21: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Up to 300 kilometers

driving range

DENZA: the safest, most reliable, and most convenient electric vehicle

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DENZA

J.P. Morgan China Submit 2014

Over 1.2 million

kilometers testing C-NCAP 5 Stars

Page 22: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Easy access to license plates, central and local subsidies

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DENZA

J.P. Morgan China Submit 2014

MSRP starts from

369,000 RMB

Customer price in Beijing starts from

255,000 RMB

Exemption from standard license plate lottery in Beijing

Free license plates in Shanghai

Page 23: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Dedicated dealerships in Beijing, Shanghai and Shenzhen for DENZA

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DENZA

J.P. Morgan China Submit 2014

Beijing

Shanghai Shenzhen

Page 24: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Daimler in China

24 J.P. Morgan China Submit 2014

Beijing

Fuzhou

Shenzhen

Daimler Trucks

Production and

Distribution

Mercedes-Benz Vans

Production and

Distribution

NEV Development,

Production and

Distribution

Mercedes-Benz Cars

Distribution

Auto Finance

R&D

Production

Page 25: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

25 J.P. Morgan China Submit 2014

Mercedes-Benz Cars

Page 26: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Mercedes-Benz with positive momentum in 2013

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Mercedes-Benz Cars Retail Development

Volume in units

R-Class

China as #1 market

12,700 units retail

S-Class

China as #1 market

22,000 units retail

GLK-Class

China as #1 market

41,500 units retail

Page 27: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Strong position in SUV segment (M-/GLK-Class)

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Luxury SUV Segment Competitor Analysis

Retail sales in thousand units

Source: Competitor Retail figure from Press Release

Page 28: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

The smart story continues with 5 years of success

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

smart Retail Development

Volume in units

Page 29: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

smart, A-Class, S-Class and R-Class are category winners in AMS CHINA BEST CARS 2014 Survey

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Best Luxury Cars: S-Class

Best MPV: R-Class

Best Compact Car: A-Class

Best Micro Cars: smart

Page 30: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Mercedes-Benz dominates 2013 China Initial Quality Study

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Best in Luxury Segment Brand Ranking for China Initial Quality

Best in Entry Luxury Segment

Page 31: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

We do our homework and we’re determined to pick up the pace in China

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Extension Product Portfolio Expansion Dealer Network

Extension Local Production Leverage Financial Services Extension Local R&D

Integrated Sales Organization

Page 32: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Integrated sales organization put locally produced and imported Mercedes cars under one roof

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Page 33: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

We do our homework and we’re determined to pick up the pace in China

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Expansion Dealer Network Integrated Sales Organization

Page 34: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Accelerate the expansion of Dealer network in 2013 and 2014 with focus on new cities in lower tiers

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Mercedes-Benz PC Network Development

Number of outlets, including AS only outlets +100

+75

Page 35: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Dealer network expansion will be further accelerating not only in quantity but also in quality

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Guangzhou 2008: 1,500 m2

8,400 PTDs

Chengdu 2013: 5,000m2

55,000 PTDs

Xi’an 2012: 900m2

6,300 PTDs

Beijing (Currently = 1,800m2)

2017: 10,000m2

110,000 PTDs

Shanghai (Currently = 1,221m2)

Q2 2014: 11,250m2

140,000 PTDs

Existing Training Center

Extended Training Center

PTD: per training day

New Shanghai TC Opening Ceremony 22 July 2014

Page 36: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

We do our homework and we’re determined to pick up the pace in China

36

Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Extension Product Portfolio Expansion Dealer Network Integrated Sales Organization

Page 37: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

In 2013, we celebrated 7 product premieres in China

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

New A-Class LWB E-Class Facelift New S-Class

New CLS Shooting Break E-Class Coupe Facelift New GL-Class C-Class Coupe

Page 38: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Our flagship – the new S-Class

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Page 39: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

The facelifted E-Class repositioning

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Page 40: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

All New C-Class Long Wheelbase World Premiere at Auto Beijing 2014

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Page 41: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

The New CLA-Class

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Page 42: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

And we will expand our line-up of locally produced cars in China with a new compact SUV: the new GLA

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Page 43: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Continue product offensive: more than 20 new/ facelifted models through 2015

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

+

Page 44: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

We do our homework and we’re determined to pick up the pace in China

44

Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Extension Product Portfolio Expansion Dealer Network

Extension Local Production

Integrated Sales Organization

Page 45: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Extension of production capacity at BBAC

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

MRA (2.0 million m2)

R&D

Center

Engine Plant (0.6 million m2)

MFA (2.26 million m2)

Page 46: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

The first Mercedes-Benz engine plant out of Germany celebrated grand opening in November 2013

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Page 47: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

€1 billion capacity expansion signed witnessed by German Chancellor Merkel and China President Xi

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Page 48: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

We do our homework and we’re determined to pick up the pace in China

48

Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Extension Product Portfolio Expansion Dealer Network

Extension Local Production Extension Local R&D

Integrated Sales Organization

Page 49: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Several new R&D functions are in a build up and qualification phase

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Advanced Design Trends & Innovations Telematics & Infotainment

Advanced Engineering Localization / Development Engine / Testing

Page 50: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

We do our homework and we’re determined to pick up the pace in China

50

Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Extension Product Portfolio Expansion Dealer Network

Extension Local Production

Integrated Sales Organization

Leverage Financial Services Extension Local R&D

Page 51: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

“Best Auto Finance Product” Award 2013! the 3rd time for MBAFC to receive such award since 2011

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Page 52: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

In 2014, Mercedes-Benz has successfully launched the all-new Agility Lease for the Chinese market

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Guaranteed Minimum

Future Value

Rental

Affordability

Pre-Payment

Flexibility

3 Options at Contract End >> Purchase / Trade / Return

Page 53: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Daimler AG is 12% shareholder in Chinese partner BAIC Motor

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Page 54: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

Mercedes-Benz is on the path to growth

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Mercedes-Benz Cars

J.P. Morgan China Submit 2014

Mercedes-Benz Cars Retail Development > 300,000

Page 55: Daimler Business in China · Daimler Business in China Hubertus Troska, Chairman & CEO of Daimler Greater China . Content ... Auto Finance R&D Production. J.P. Morgan China Submit

55 J.P. Morgan China Submit 2014

Thank You!