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Chinese carmaker acquires 5 pct stake in Germany's Daimler ...

Jul 23 2019 · The two carmakers have been working together since 2003 and are cooperating in production research and development as well as sale of passenger cars vans and trucks. In 2013 Daimler took a stake in BAIC Motor a subsidiary of BAIC Group.

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Chinese carmaker acquires 5 pct stake in Germany's Daimler ...

Jul 23 2019 · The two carmakers have been working together since 2003 and are cooperating in production research and development as well as sale of passenger cars vans and trucks. In 2013 Daimler took a stake in BAIC Motor a subsidiary of BAIC Group.

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China will significantly cut auto import tariffs from July ...

May 23 2018 · The items cover passenger cars and certain trucks. Import tariffs on 79 auto parts will all be reduced to 6 percent from the current levels of 8-25 percent. After the cut the average tariff on vehicles will stand at 13.8 percent and 6 percent on parts. The Ministry of Finance says the new rates are in line with the reality of the auto ...

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