BERLIN -- Daimler and Volvo Cars, owned by China's Geely, are considering cooperating to cut the costs of developing combustion engines, a magazine reported on Sunday, citing unnamed company sources.
BERLIN -- Daimler and Volvo Cars, owned by China's Geely, are considering cooperating to cut the costs of developing combustion engines, a magazine reported on Sunday, citing unnamed company sources.
Automakers would receive credits for up to 15 percent of the value of vehicles assembled in the U.S. that could be applied against the value of imported parts.