Germany is closely monitoring developments at Daimler after a second Chinese com...
FILE PHOTO: A 2020 Mercedes-AMG GLE 63 S is presented at the LA Auto Show in Los Angeles, California, U.S. November 20, 2019. REUTERS/Lucy Nicholson/File Photo
Reuters reported on Sunday that Daimler’s main Chinese joint venture partner BAIC planned to double its stake to around 10% in order to upstage rival Chinese automaker Geely, which owns 9.69% of the German company.
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