Daimler in 'attack mode?on premium compact cars
By Gong Zhengzheng and Han Tianyang | China Daily | Updated: 2011-07-04 08:12
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Chairman and CEO of Daimler Northeast Asia Ulrich Walker (right, front row) and Chairman of Beijing Automotive Group Co Ltd Xu Heyi sign an agreement to co-invest 2 billion euros in new production facilities in China as German Chancellor Angela Merkel, Chinese Premier Wen Jiabao and Board Chairman of Daimler AG and Head of Mercedes-Benz Cars Dieter Zetsche look on. Photos Provided to China Daily |
Plans to invest heavily for new research site, locally made models and engines
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