BYD, Denza and Mercedes-Benz
BYD now owns 100% of Denza - a Mercedes JV in China
BYD Company (OTCPK:BYDDF) acquired full control of its joint venture with Mercedes-Benz (OTCPK:MBGAF) in China as it bought the remaining 10% stake in Shenzhen Denza New Energy Automotive, according to a CnEVPost post.
BYD now fully owns Denza after Mercedes-Benz sells off remaining 10% stake in NEV brand joint venture
Mercedes-Benz has withdrawn from its Denza joint venture with BYD in China after selling off its remaining 10% equity. This comes a few years after BYD increased its stake in the JV to 90% in
Mercedes-Benz exits Denza completely
Chinese partnership: in 2011, Daimler and the Chinese car manufacturer BYD founded the joint venture Denza to jointly produce low-cost cars for the Chinese market. After reducing its stake in 2021, the Stuttgart-based company has now exited Denza completely.
Mercedes Withdraws From Denza, BYD Takes Full Ownership
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% ...
Mercedes-Benz sells remaining share in BYD luxury brand
BYD now has full control over Denza, a luxury-car brand originally founded as a joint-venture between it and Mercedes-Benz in 2010.
Mercedes-Benz Sells Out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.
Mercedes-Benz exits joint venture with BYD
BYD now wholly owns Denza, a brand it formed with Mercedes-Benz in 2010, after the German firm reduced its involvement over the years.
BYD takes full control of Denza JV as Mercedes-Benz pulls back from China amid trade tensions
Benz, gaining complete control of the Denza brand amid rising trade tensions. The partnership lasted 13 years, ending as Mercedes reduced its stake due to poor sales while Denza's new models gained popularity.
Gangnamtimes on MSN4d
Exclusive First Look: Denza Z9 GT’s Lightning-Fast Acceleration and Premium Features
The Denza Z9 GT, a sporty electric shooting brake from the BYD-Mercedes joint venture, combines premium design with ...
The Daily Tar Heel3h
Judge denies Republican request to prevent UNC mobile One Card as voter ID
The Democratic National Committee and UNC Affirmative Action Coalition opposed the Republican Party claims and argued that ...
Autoblog10y
Long-range, expensive Denza EV on track for fall launch in China
While we've heard lots about the resulting EV that the Denza brand would make since then, the car wasn't scheduled to hit the market until 2014. At the Beijing Motor Show this week, Denza showed ...
Is BYD’s Stock Underappreciated by the Market?
Valuation data supports the notion that China-related concerns weigh on the stock. BYD certainly isn’t expensive when we ...
Paul Tan7d
Denza Z9 GT – luxury PHEV/EV with up to 963 PS, 630 km range, Sept 20 debut, fr RM217k; exports planned
Benz, BYD brand Denza has gone from strength to strength, repositioned as a premium marque. It currently sells SUVs and a ...
Autoblog12y
BYD brings Denza EV, Qin plug-in hybrid to Beijing
BYD is making multiple splashes at the Beijing, both with its own line-up of vehicles and its new Denza electric vehicle partnership with Daimler. BYD is making multiple splashes at the Beijing ...