Exclusive: China’s BAIC raising Daimler stake to unseat Geely as top shareholder – sources
BEIJING/HONG KONG/FRANKFURT (Reuters) - Daimler’s main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told R…
bubmagDecember 15, 2019