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Letzte Aktualisierung: August 19, 2022

How Chinese is Mercedes?

The manufacturer with the star sells more than a third of its cars in China. One-fifth of the shares are in Chinese hands. There is repeated speculation about a takeover.
Markus Grabitz
Markus Grabitz
Mercedes was late to discover China. It was not until 2005 that the German manufacturer went to Beijing and founded the joint venture Beijing Benz Automotive Co. (BBAC) with the state-owned company BAIC. In the early days, business with China played a moderate role for the headquarters in Stuttgart. "When colleagues in Stuttgart saw the Chinese country code on the display of their phones, they didn't even bother to answer," recalls an employee from the finance department about his early days in China.
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