Daimler AG said on Tuesday it will work with China’s Geely for building next-generation combustion engines for use in hybrid vehicles. Efforts to share development costs come as the growth …
Tag:
Daimler and Geely
Mercedes-Benz is set to build smart-branded electric cars with Zhejiang Geely Holding Group in Xian, China from a base with a yearly capacity of around 150,000 vehicles, a senior official …
- DaimlerGeely
Daimler declines Geely offer to buy stake but Geely is still positive
by SpeedLuxby SpeedLuxDaimler has declined an offer from China’s Geely to take a stake of approximately 5 percent by means of a discounted share placement, as the German automaker has long hesitated …
