A robot installs a windscreen at an A-class model of German car manufacturer Mercedes-Benz at the production line of the Daimler factory in Rastatt, Germany on February 4, 2019. Photo: Reuters A robot installs a windscreen at an A-class model of German car manufacturer Mercedes-Benz at the production line of the Daimler factory in Rastatt, Germany on February 4, 2019. Photo: Reuters
A robot installs a windscreen at an A-class model of German car manufacturer Mercedes-Benz at the production line of the Daimler factory in Rastatt, Germany on February 4, 2019. Photo: Reuters
Autos
Business /  Companies

Chinese carmakers step up their role as automotive industry investors, adding to China’s sway as world’s largest vehicle market

  • Beijing Automotive Group is buying 5 per cent of Daimler, the maker of Mercedes-Benz
  • Before BAIC, Geely Holding Group paid US$9 billion for 9.7 per cent of Daimler

Topic |   Autos
Bloomberg
Bloomberg

Updated: 2:19pm, 24 Jul, 2019

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A robot installs a windscreen at an A-class model of German car manufacturer Mercedes-Benz at the production line of the Daimler factory in Rastatt, Germany on February 4, 2019. Photo: Reuters A robot installs a windscreen at an A-class model of German car manufacturer Mercedes-Benz at the production line of the Daimler factory in Rastatt, Germany on February 4, 2019. Photo: Reuters
A robot installs a windscreen at an A-class model of German car manufacturer Mercedes-Benz at the production line of the Daimler factory in Rastatt, Germany on February 4, 2019. Photo: Reuters
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