Daimler in $2 billion China investment with BAIC as Geely swoops

BERLIN (Reuters) - Daimler and its Chinese partner BAIC plan to invest almost $2 billion in a state-of-the-art factory in China, underlining their relationship as rival Geely makes a surprise swoop on the German carmaker.

from Reuters: Business News http://ift.tt/2Fv1xbQ