Social commitment

Mercedes-Benz has been a longtime supporter of cultural and music events in China.

"Over the years, Mercedes-Benz has been working with premium partners in China in sponsoring a wide variety of cultural events, bringing world-class performances to the Chinese audience, as well as establishing strategic cooperation with partners," Maier said.

Last week, by naming an arena along the banks of the Huangpu River in Shanghai, Mercedes-Benz hopes to reinforce its commitment to promoting events, he said.

Mercedes-Benz Arena will be the first Mercedes-Benz named-venue outside Germany.

The arena is being developed by Oriental Pearl Group, AEG and the National Basketball Association.