Daimler and Geely will continue to work together
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Daimler is in talks with Geely to expand cooperation in the near future. And this is despite the fact that the German authorities at this time are trying to protect the country's industry from the influence of foreign competitors. The joint venture started in China at the end of last year, when Geely became the owner of 9.69% of the shares of the German company in the amount of $ 9 billion.
The purpose of the Association is a full Alliance of two automotive giants. But Germany plans to acquire a share of domestic companies to protect them from foreign takeover, which may soon make itself felt.
Daimler is in talks with Geely to expand cooperation in the near future. And this is despite the fact that the German authorities at this time are trying to protect the country's industry from the influence of foreign competitors. The joint venture started in China at the end of last year, when Geely became the owner of 9.69% of the shares of the German company in the amount of $ 9 billion.
The purpose of the Association is a full Alliance of two automotive giants. But Germany plans to acquire a share of domestic companies to protect them from foreign takeover, which may soon make itself felt.
