Daimler, Geely to set up JV in China
15:51 UTC+8, 2019-03-28
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German automaker Daimler AG and China's Zhejiang Geely Holding Group announced Thursday to set up a joint venture.
15:51 UTC+8, 2019-03-28
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German automaker Daimler AG and China's Zhejiang Geely Holding Group announced Thursday to set up a joint venture, jointly operating and promoting the transformation of small-car brand Smart globally.
The JV will be headquartered in China, and the two companies will each hold a 50 percent stake.
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Source: Xinhua
Editor: Wang Qingchu
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