AUTO INDUSTRY NEWS

Daimler investing 12% in BAIC to strengthen China business

Daimler investing 12% in BAIC to strengthen China business image

/ Daimler Press | February 07, 2013 11:03

Daimler first non-Chinese automotive company to take stake in Chinese OEM

Daimler has annouced that it will be investing in a 12% stake at BAIC to strengthen its business in China.