thisdaylive.com
Mercedes-Benz, Geely Holding Establish Joint Venture - THISDAYLIVE
By Bennett Oghifo Mercedes-Benz AG (Mercedes-Benz) and Zhejiang Geely Holding Group (Geely Holding), the German and Chinese automotive groups, have formally established a global joint venture “smart Automobile Co., Ltd.” for the smart brand after receiving the regulatory approvals. A statement, recently, by the new group said the total registered capital of the Joint Venture …