久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Auto China

Geely completes black cab takeover

By Li Fangfang (China Daily) Updated: 2013-02-02 10:38

Daimler invests in BAIC

Meanwhile, in addition to the Chinese automakers' frequent acquisitions of ailing foreign players, global vehicle makers are also finding opportunities in the world's largest automobile market through investments in Chinese OEMs.

Geely completes black cab takeover

On Friday, German auto conglomerate Daimler AG signed a binding agreement with Beijing Automotive Group to invest in BAIC Motor, the passenger-car unit of the BAIC Group through the issuance of new shares corresponding to a 12 percent stake of the latter.

The move comes ahead of a planned initial public offering by BAIC Motor in the near future.

Daimler also becomes the first foreign manufacturer to take a stake in a Chinese automaker.

However, the deal is still subject to regulatory approval and is only expected to close by the end of this year or early next year.

The agreement includes a clause stating that Daimler will get two seats on BAIC Motor's board of directors. The two companies also agreed that BAIC will increase its stake in their production joint venture Beijing Benz Automotive Co by 1 percent to 51 percent and will thus be able to consolidate the joint venture within BAIC ahead of the IPO.

At the same time, Daimler will increase its stake in the newly integrated sales joint venture Beijing Mercedes-Benz Sales Service Co by 1 percent to 51 percent.

"Following our technical cooperation with BAIC Motor and the setup of our integrated sales company, we are now taking the next step in deepening our relationship even further," said Dieter Zetsche, chairman of the management board of Daimler and head of Mercedes-Benz Cars.

"Our decision demonstrates the full support of our partner's intention to publicly list its shares in the future," Zetsche said.

Xu Heyi, chairman of BAIC said: "Daimler's investment in BAIC's stake will go a long way in accelerating the development of BAIC's self-owned brand in terms of capital, technology, management, and brand."

Mercedes-Benz Cars has already brought its complete product portfolio to the Chinese market. It sold around 210,000 vehicles in 2012, and plans to add 50 new dealers to expand its current network of 220 this year.

lifangfang@chinadaily.com.cn

 

Related Readings

Geely's exports surged 164% in 2012

Geely seeks control of London cab maker

Geely denies talks to buy Aston Martin stake

Geely to set up auto plant in Brazil

Geely reaches 2012 export target early

Domestic auto lineup looks overseas

 

 

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日本美女一区二区三区 | 午夜私人影院免费体验区 | 在线人成精品免费视频 | 亚洲精品久久久久午夜三 | 欧美精品成人久久网站 | 成人免费久久精品国产片久久影院 | 国产精品秦先生手机在线 | 99精品在线观看视频 | 国产成人综合日韩精品无 | 久青草视频在线 | 自拍视频在线 | 国产精品一区在线免费观看 | 亚洲加勒比 | 免费欧洲毛片a级视频无风险 | 久久国产亚洲精品 | 午夜两性视频免费看 | 加勒比heyzo 加勒比久久综合 | 精品在线免费视频 | 特级毛片www欧美 | 亚洲精品久久一区影院 | 免费观看亚洲 | 狠狠综合久久久久综合小说网 | 久久成人综合网 | 欧美一区二区三区男人的天堂 | 成人在线第一页 | 欧美亚洲一区二区三区 | 亚洲丝袜另类 | japanesevideo国产在线 | 国内自拍网 | 日产一一到六区网站免费 | 亚洲性视频在线 | 成人交性视频免费看 | 亚洲综合色就色手机在线观看 | 久草在线视频免费播放 | 在线播放高清国语自产拍免费 | 久久伊人热 | 在线亚洲日产一区二区 | wwww亚洲| 综合另类| 99re思思| 亚洲欧美手机在线观看 |