China’s BAIC Looking to Buy Daimler Stake

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Chinese car manufacturer BAIC Motor is currently in the midst of talks with Daimler to purchase a stake in the German automaker. As it stands, Daimler owns a 10 per cent stake in BAIC and the two companies have already formed numerous joint ventures in China overseeing local production and sales of Mercedes-Benz cars. While

China’s BAIC Looking to Buy Daimler Stake

More news at GTspirit.