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Daimler and BAIC Relationship Becomes Stronger
Ola Källenius, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: “We are very pleased that our long-standing partner BAIC (Beijing Automotive Group Co. Ltd.) is now a long-term investor in Daimler.”
Daimler and BAIC are linked in a long-term partnership. Daimler has been shareholder of BAIC Motor since 2013.
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Mr. Tan Xuguang, CEO of Weichai Power, Heads CNHTCM
Mr. Tan Xuguang, Chairman and CEO of Weichai Power, has been named Chairman and CEO of China National Heavy Duty Truck Group Co., Ltd. (CNHTC). CNHTC, or Sinotruk Group, is a Chinese state-owned truck manufacturer. Xuguang is Chairman and CEO of CNHTC.
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