Daimler rejects Geely's bid to buy stake, report says

By:

Julie Zhu Norihiko Shirouzu

November 29, 2017 05:00 AM

BEIJING -- Daimler turned down an offer from China's Zhejiang Geely Holding Group to take a stake of up to 5 percent via a discounted share placement, sources said.

Featured Stories

Nissan

Nissan’s Christian Meunier: Tariffs a chance to ‘accelerate’ U.S. manufacturing

Nissan

Nissan’s Christian Meunier is tightening corporate spending and shrinking dealer programs.

By:

Urvaksh Karkaria

Nissan

Nissan weighs moving Sentra production from Mexico to U.S. to avoid tariffs

GM Financial alleges Pa. dealership owes it more than $37 million for vehicles sold out of trust

Finance Insurance

By:

Eric Freedman

GM Financial alleges Pa. dealership owes it more than $37 million for vehicles sold out of trust

Retail

Dealer groups seek more time on clean cars rules in 12 states

Retail

By:

Lindsay VanHulle

Dealer groups seek more time on clean cars rules in 12 states

Latest News

Stellantis delays electrified pickup trucks at Sterling Heights Assembly

GM Financial alleges Pa. dealership owes it more than $37 million for vehicles sold out of trust

Daily 5 report for May 14: Do self-driving vehicle recalls get more attention than others?

Nissan weighs moving Sentra production from Mexico to U.S. to avoid tariffs

Staying current is easy with newsletters delivered straight to your inbox.

See More in Newsletters

Guest commentary: For Akio Toyoda’s sake, he must listen to Toyota’s dissatisfied shareholders and reform strategy

Top 5 stories of the week: Women in auto; Birchwood’s latest buy; GM improves profit; more

Staying current is easy with newsletters delivered straight to your inbox.