Daimler likely will realize a long-pursued goal of becoming a majority shareholder of a passenger vehicle joint venture with BAIC. later this year, according to a Chinese media report.
Daimler likely will realize a long-pursued goal of becoming a majority shareholder of a passenger vehicle joint venture with BAIC. later this year, according to a Chinese media report.
Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.