Daimler AG unveiled its new ultra-luxury Maybach sedan Thursday as automakers began a flurry of new vehicle launches at the Beijing auto show in a scramble for China's fast-growing market amid slack sales elsewhere.
The show, in a country with almost no private cars 15 years ago, has risen to the top ranks of global auto industry events as China's explosive sales growth drove this market past the United States in 2009 to become the world's biggest.
Foreign automakers are pushing to expand sales in China while young but ambitious local brands such as Volvo buyer Geely want to raise their profile. The auto show opens Friday to the press and Tuesday to the …
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