Daimler CEO says would ‘welcome’ Chinese investor

Posted on the November 24th, 2013 under Business News by admin

Daimler CEO Zetsche listens during car summit organized by business newspaper Handelsblatt in Munichwould welcome a Chinese investor after taking a stake in Beijing Automotive Group , though it has had no sign that this will happen, Chief Executive Dieter Zetsche said. "We would welcome Chinese investment, although we're not desperately looking for that, because it's better for us when China is interested in our fate," Zetsche said during a panel discussion in Berlin on Saturday. We rather have the opposite problem of very high equity in our company." Daimler is seeking to revive operations in China, where the luxury car maker has fallen behind its German rivals BMW



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