Brilliance Auto in talks with Daimler for JV

China's eighth-largest automaker Brilliance Auto is seeking to form a joint venture producing commercial vehicles with Mercedes-Benz, the Chinese company's chief said.

The tie-up with Daimler AG, Mercedes-Benz's parent, will focus on converting Mercedes' commercial vehicles into special purpose models, said Brilliance Chairman Qi Yumin at a media briefing in Shenyang last Friday.

"The market for special purpose vehicles has potential. Although it won't have big market share, the profit margin is promising," said Qi.