Tuesday, December 17, 2019

Daimler seeks majority control of its main China JV, report says

The German automaker has been exploring several options to strengthen its control of Beijing Benz Automotive Co., its joint venture with BAIC Group, including a plan to raise its stake to 75 percent from the current 49 percent, Reuters reported.



from Section Page News - Automotive News https://ift.tt/38Og80d

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