BYD Company (OTCPK:BYDDF) acquired full control of its joint venture with Mercedes-Benz (OTCPK:MBGAF) in China as it bought ...
The brand's current generation of cars don't feature any technologies from Mercedes, so customers won't notice any ...
Mercedes-Benz has withdrawn from its Denza joint venture with BYD in China after selling off its remaining 10% equity. This ...
Chinese partnership: in 2011, Daimler and the Chinese car manufacturer BYD founded the joint venture Denza to jointly produce ...
The move ends a 13-year partnership and comes as many foreign automakers dial back their exposure to China amid heightened ...
Benz, gaining complete control of the Denza brand amid rising trade tensions. The partnership lasted 13 years, ending as ...
BYD now has full control over Denza, a luxury-car brand originally founded as a joint-venture between it and Mercedes-Benz in ...
Denza was formed in 2011 and sold just 23,000 vehicles in its first 10 years. Thanks to several compelling new models, sales have soared over the past three years. The marque off-loaded a 40% ...
Valuation data supports the notion that China-related concerns weigh on the stock. BYD certainly isn’t expensive when we ...
BYD has acquired the remaining 10 percent of shares it did not already own in a company set up to market the Denza premium electric vehicle brand, according to a statement on Sept. 16 that did not ...
According to Chinese media reports, Shenzhen DENZA New Energy Automotive underwent equity and business changes last Saturday ...