Daimler and its China partner BYD will each invest 400 million yuan ($62.5 million) to help speed a turnaround at their unprofitable electric vehicle joint venture.
Daimler and its China partner BYD will each invest 400 million yuan ($62.5 million) to help speed a turnaround at their unprofitable electric vehicle joint venture.
Automakers are expected to produce fewer vehicles in North America because of tariff costs.