Home » News » Mercedes » China Investment eyes up to 10 percent of Daimler shares
China Investment, the country's investment vehicle group, is interested in buying a stake in Daimler ranging from 4 percent to 10 percent.

Daimler CEO Dieter Zetsche has said he would welcome a Chinese investor in the company. Company spokeswoman Silke Walters declined to comment on the report but said: "In general, we always welcome any new investors as a balanced shareholder structure is in the interest of Daimler."

The possible investment comes at a time when the Mercedes-Benz parent company is conducting a shake-up of its troubled Chinese operations. In December, Mercedes-Benz sales in China plunged nearly 19 percent year-on-year to 18,910 units, as the company struggled to keep pace with Audi and BMW.
 
Mercedes is reorganizing its sales network in China, combining separate entities for locally and imported cars into one company.

Related Articles

Leave a Comment

Fields marked with * are required
Name *:
Email *:
Comment *:
Code *:
  CAPTCHA
  • Email
  • YouTube
  • RSS
  • Twitter
  • facebook
  • feedburner

Related Specs

  1. 1913 Mercedes 100HP Rennwagen

    Engine: Water Cooled, G4F Aircraft Inliine-4, Power: 74.6 kw / 100 bhp @ 1350 rpmN/A
  2. 1930 Mercedes-Benz 710 SSK Trossi Roadster

    Engine: M06 Straight-6, Power: 223.7 kw / 300 bhp @ 3400 rpm, Torque: 687.4 nm / 507 ft lbs @ 2000 rpm
  3. 1913 Mercedes-Knight 16/45HP Touring

    Engine: Watercooled, KN 1034 Inline-4, Power: 33.6 kw / 45 bhp @ 1750 rpmN/A
  4. 1914 Mercedes 115HP 4.5 Grand Prix

    Engine: Water-Cooled, M93654, Inline-4, Power: 85.8 kw / 115.1 bhp @ 3200 rpmN/A
  5. 1905 Mercedes 120HP Rennwagen

    Engine: M 175464, Cats Iron, Inline-4, Power: 89.5 kw / 120 bhp @ 1200 rpmN/A

New Vehicles

Nissan Micra benefits 1.0 litre gasoline engineNissan Micra benefits 1.0 litre gasoline engine
Nissan is offering the current Micra on the UK market with a new gasoline engine, more suitable for those looking for a more economical unit. ...

Concept Cars

Lexus LF-1 Limitless concept introduced at NAIASLexus LF-1 Limitless concept introduced at NAIAS
Lexus is using this year Detroit Motor Show to introduce us a futuristic crossover, that is scheduled to become the next flagship crossover for the Japanese ...

Custom Cars

MG3 receives new accessory pack in UKMG3 receives new accessory pack in UK
MG tries to make the current MG3 more attractive this Christmas so is spicing up the range with some accessories. Whether you want some extra protection ...

Future Cars

Infiniti will go electric starting 2021Infiniti will go electric starting 2021
Even if everyone is paying attention to what is happening in Detroit, where all important manufacturers are launching new cars, Infiniti made an important ...

Market News

Volkswagen US sales defies Dieselgate scandal expectationsVolkswagen US sales defies Dieselgate scandal expectations
Some might say Volkswagen had some difficult times in US after the Dieselgate scandal. But 2017 sales say something else. Volkswagen of America reported ...

Gadgets

Volkswagen and NVIDIA partner for Artificial IntelligenceVolkswagen and NVIDIA partner for Artificial Intelligence
Volkswagen is more and more preoccupied by introducing new technologies into its cars. So is looking some strong partners with great experience in this ...

Various News

The new Renault Clio will come to ParisThe new Renault Clio will come to Paris
The current generation Renault Clio is on the market for a long time. But according to AutoExpress, the french super-mini model will get a new generation ...

Motorsports

DS Racing Formula E car unveiledDS Racing Formula E car unveiled
Formula E is becoming more and more attractive for the European brands. One of the most important car manufacturer who takes part at the electric Grand ...

Videos

Tesla Model 3 clocked at 4.66 seconds for 0 to 60 mphTesla Model 3 clocked at 4.66 seconds for 0 to 60 mph
Tesla Model 3 should be a succesful model. The car was reserved more than 400.000 times before the launch and now the production has begun. ...