Daimler Celebrates Ten Years of Local Passenger Car Production in Beijing - The Auto Channel (blog)
Hubertus Troska (the 3rd person from the right), Member of the Board of Management of Daimler AG responsible for Greater China, Xu Heyi (the 2nd from the left), Chairman of BAIC Group and its subsidiary BAIC Motor, Peter Schabert (the 2nd from the... BEIJING/STUTTGART -- August 25, 2015: In an event held in Beijing on the evening of August 24, Daimler’s Sino-German production joint venture Beijing Benz Automotive Co. , Ltd. The joint venture between Daimler and its Chinese partner BAIC Motor was established on August 8, 2005, and started to locally produce its first E-Class vehicles (model series 211) just about four months later. Our joint venture BBAC undertook tremendous development over the past ten years to now become a key production hub for our company on a global level,” said Hubertus Troska, Member of the Board of Management of Daimler AG responsible for Greater... “BBAC represents the firm confidence of Mercedes-Benz in the Chinese market, because continuous investment in localization has and will always be essential for our business growth in this country. ” “The strength of BBAC ten years after its establishment is evidence of the successful Sino-German business partnership between BAIC and Daimler,” noted Xu Heyi, Chairman of BAIC Group and its subsidiary BAIC Motor. Source: www.theautochannel.com
