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Mercedes-Benz USA will promote marketing chief Steve Cannon to president and CEO, effective Jan. 1. While car gross sales in different markets, comparable to China, are still rising, a take a look at cities, right here too, indicators that this development will not maintain for lengthy. For instance, in Beijing, a driver wishing to purchase a vehicle with an internal-combustion engine must first enter a lottery and then wait up to 2 years earlier than receiving a license plate.
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