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8.7% profit on Daimler AG in our uptrend view

Daimler AGEXIT

German carmaker Daimler will cooperate with China's Geely GEELY.UL to build its next generation of engines, business daily Handelsblatt reported on Tuesday, citing company and industry sources.Most of the engines will be made in China, Handelsblatt said. The alliance with Geely, which owns a 10% stake in Stuttgart-based Daimler, means that an existing partnership with Renault will expire.

Daimler AG 20201023 16.36

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