Daimler's Dieter Zetsche Would Friend Chinese Investor

Reports surrounding Daimler's closer and closer relationship with China seem to be developing like fungus in recent months, and the trend is apparently not slowing down.
Dieter Zetsche, Chairman of Daimler AG and Head of Mercedes-Benz Cars. 1 photo
Photo: Daimler AG
Speaking at a panel discussion in Berlin, Germany, Daimler AG chairman Dieter Zetsche hinted at a very welcoming approach from the Stuttgart car maker towards a Chinese investor.

“We would welcome Chinese investment, although we're not desperately looking for that, because it's better for us when China is interested in our fate. The reason is certainly not to look for more equity. We rather have the opposite problem of very high equity in our company.” smiled Zetsche behind his magical mustache.

Just last week, the German car giant announced that it has bought a 12 percent stake in BAIC Motor, the passenger car branch of its Chinese partner.

As you know, Daimler AG is getting desperate for increasing its presence in the Middle Kingdom, especially since in recent years they have fallen behind Audi and BMW in terms of both global and Chinese sales.

Story via Automotive News
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About the author: Alex Oagana
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Alex handled his first real steering wheel at the age of five (on a field) and started practicing "Scandinavian Flicks" at 14 (on non-public gravel roads). Following his time at the University of Journalism, he landed his first real job at the local franchise of Top Gear magazine a few years before Mircea (Panait). Not long after, Alex entered the New Media realm with the project.
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