BAIC is looking to invest in the German car maker. Daimler and BAIC have formed joint ventures in China to oversee production and sales of Mercedes Benz cars, but it seems that the two companies are negotiating more serious stuff.
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Chinese Manufacturer BAIC In Negotiations To Buy Daimler Stake
http://carolinademi.blogspot.com/2015/09/chinese-manufacturer-baic-in.htmlBAIC is looking to invest in the German car maker. Daimler and BAIC have formed joint ventures in China to oversee production and sales of Mercedes Benz cars, but it seems that the two companies are negotiating more serious stuff.
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