Chinese take over of Mercedes
04-17-2018 | 09:04 PM
#1
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E 350
Chinese take over of Mercedes
I read recently that the Chinese automaker Geely has taken the largest ownership share in Mercedes. What is going on...?
Looks like they are poised to take controlling stake in Mercedes soon....then it'll be all over.
Why did they (Diamler) have to sell themselves out to the Chinese so badly? I thought they were doing well financially. My confidence in Mercedes as a premium brand is wavering now.
Someone please tell me I am wrong.
Looks like they are poised to take controlling stake in Mercedes soon....then it'll be all over.
Why did they (Diamler) have to sell themselves out to the Chinese so badly? I thought they were doing well financially. My confidence in Mercedes as a premium brand is wavering now.
Someone please tell me I am wrong.
Last edited by pamiboy; 04-18-2018 at 08:39 AM.
04-17-2018 | 10:45 PM
#4
Thread Starter
MBWorld Fanatic!
Joined: Feb 2014
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E 350
its all over the news anyway.
https://www.google.com/amp/s/www.bbc...iness-43194026
https://www.google.com/amp/s/www.cnb...bloomberg.html
https://www.google.com/amp/s/www.bbc...iness-43194026
https://www.google.com/amp/s/www.cnb...bloomberg.html
04-18-2018 | 12:58 AM
#5
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Joined: Mar 2016
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From: Manhattan Beach
S550 E350 C300c
It's the owner of that Chinese auto maker bought 9% of the Daimler stock, he didn't even got on the board.
Nothing to worry about, Daimler will not get any Chinese involvements in their Mercedes car making business. Otherwise it'll be much worse than Tata owning Land Rover and Jag.
According to the son of a party leader last week during a coffee chat, this was an under table approved money transfer out deal.
Nothing to worry about, Daimler will not get any Chinese involvements in their Mercedes car making business. Otherwise it'll be much worse than Tata owning Land Rover and Jag.
According to the son of a party leader last week during a coffee chat, this was an under table approved money transfer out deal.
