Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM
Green Car Congress
NOVEMBER 19, 2013
BMBS); Mercedes-Benz Auto Finance Ltd. BDNT); as well as sales companies in Hong Kong and Taiwan. Local production of Mercedes-Benz cars began with the predecessor series of the E-Class in the BBAC joint venture in 2006; the C-Class series followed in 2008. Daimler in China. MBAFC) and Mercedes-Benz Leasing Co.
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