The Chinese market for Automobiles underwent a rapid development in the last 40 years and now is the biggest market in the world. Many foreign carmakers also entered the market, mostly through joint venture agreements with local companies.
Daimler AG is the mother company of the oldest car brand in the world, Mercedes-Benz. For Daimler’s passenger car business, China became the single biggest market in 2015 and the company is now active in the market with different joint ventures operating R&D, production and sales facilities. The sheer size of the Chinese automotive market offered and offers great opportunities for Daimler’s passenger car business but also exposes the company to certain business risks: Firstly, a slowdown in general economic growth and a less dynamic automotive market naturally impose a risk on a company who sells a big proportion of its cars in China. Recently, the macroeconomic situation is also influenced by the US-Chinese trade disputes. Secondly, within the markets there are certain risks threatening Daimler’s market position such as new customer preferences for mobility services instead of car ownership, not being able to keep up with the demand for electric vehicles, losing customers’ trust as well as risks that come with the joint venture relationships as well as the legal environment in China. This thesis aims at assessing Daimler’s management of these risks by using statements given by top managers over the past years.

Academic Publications and Books:
Baker, Mark; Hyvonen, Markus (2011): The Emergence of the Chinese Automobile Sector. In: RBA Bulletin, pp. 23–30.
Carr, Jered B.; Hawkins, Christopher v.; Westberg, Drew E. (2017): An Exploration of Collaboration Risk in Joint Ventures: Perceptions of Risk by Local Economic Development Officials. In: Economic Development Quarterly n. 3, 31, pp. 210–227. DOI: 10.1177/0891242417710325.
Chen, Yuan; Lawell, C. Y.L.; Wang, Yunshi (2017): The Chinese automobile industry and government policy. In: University of California at Davis Working paper.
Gong, Huiming; Wang, Michael Q.; Wang, Hewu (2013): New energy vehicles in China: policies, demonstration, and progress. In: Mitig Adapt Strateg Glob Change n. 2, 18, pp. 207–228. DOI: 10.1007/s11027-012-9358-6.
Huang, Yasheng (2002): Between two coordination failures: automotive industrial policy in China with a comparison to Korea. In: Review of International Political Economy n. 3, 9, pp. 538–573.
LI, Zejian (2010): Future International Business Strategy of Chinese Automotive Manufacturers. In: Annals of Business Administrative Science, 9, pp. 13–22.
Liu, Daqian; Song, Wei; Lu, Jia; Xie, Chunyan; Wen, Xin (2018): A new geographical cluster view on passenger vehicle purchasing in Chinese Cities. In: ISPRS International Journal of Geo-Information n. 1, 7, p. 9.
Matthias Holweg; Nick Oliver; Jianxi Luo (2005): The Past, Present and Future of China’s Automotive Industry: A Value Chain Perspective.
Murray, Geoffrey (2014): Doing business in China: The last great market: Routledge.
Nam, Kyung-Min (2011): Learning through the international joint venture: lessons from the experience of China’s automotive sector. In: Ind Corp Change n. 3, 20, pp. 855–907. DOI: 10.1093/icc/dtr015.
Pothukuchi, Vijay; Damanpour, Fariborz; Choi, Jaepil; Chen, Chao C.; Ho Park, Seung (2002): National and Organizational Culture Differences and International Joint Venture Performance. In: Journal of International Business Studies n. 2, 33, pp. 243–265. DOI: 10.1057/palgrave.jibs.8491015.
Qiu, Lily Lin; Turner, Lindsay; Smyrk, Lindsay (2006): A Study of Changes in the Chinese Automotive Market resulting from WTO Entry: Camberra.
Shimokawa, Koichi (2004): The Business History of the Global Automotive Industry. In: Yuhikaku, Tokyo (in Japanese).
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Tian, Guoqiang (2019): Deceleration of China’s Economic Growth: Causes and Countermeasures. In: Frontiers of Economics in China n. 1, 14, pp. 3–25.
Valler, Thea Marie (2017): Curbing Consumption in China: The Vehicle Quota System in Guangzhou.
Xu, Xianchun (2019): The Slowdown of China¡¯ s Economic Growth in Terms of Statistics. In: Frontiers of Economics in China n. 1, 14, pp. 72–79.
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Consultancy Publications, Databases and Industry Reports:
All Online Sources have been accessed and tested on June 09, 2019
Accenture Publication: China’s automotive market How to merge into the fast lane with consumer and digital marketing insights
https://www.acea.be/news/article/fact-sheet-eu-china-automobile-trade
https://www.bain.com/insights/chinas-mobility-industry-picks-up-speed/
https://www.best-selling-cars.com/china/2018-international-german-luxury-car-sales-worldwide-and-in-china/
http://carsalesbase.com/china-car-sales-analysis-2018-brands/
http://carsalesbase.com/china-car-sales-data/byd/byd-e5/
http://carsalesbase.com/china-car-sales-data/denza/
http://carsalesbase.com/china-car-sales-data/mercedes-benz/
https://www.cbc.ca/news/world/china-population-rises-15-23-million-in-2018-but-rate-slows-1.4986218
China Automotive Industry Yearbook, 2001.
http://www.conquer-china.com/chinas-automotive-clusters/
https://ins-globalconsulting.com/china-to-open-car-market
https://knoema.de/loqqwx/china-gdp-growth-forecast-2019-2024-and-up-to-2060-data-and-charts
https://lmc-auto.com/future-of-the-chinese-automotive-market/
https://owc.de/2019/01/14/mobiltaetsbedarf-steigt-in-china-mehr-carsharing-kunden/
https://store.frost.com/china-luxury-car-market-forecast-to-2025.html
https://tradingeconomics.com/china/passenger-cars-per-1-000-people-wb-data.html
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https://www.jato.com/shanghai-2019-chinese-ev-demand-boosted-by-cheaper-cars/
https://www.kwm.com/en/au/knowledge/insights/china-13th-5-year-plan-key-points-summary-new-normal-innovation-20160414
https://www.libinst.ch/publikationen/LI-IPRI-2017.pdf
https://www.marklines.com/en/statistics/flash_sales/salesfig_china_2018
McKinsey Publication: Bigger, better, broader: A perspective on China’s auto market in 2020
McKinsey Publication: Upward Mobility: The Future of China’s Premium Car Market
https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/past-lessons-for-chinas-new-joint-ventures
https://www.mckinsey.com/featured-insights/asia-pacific/getting-to-know-chinas-premium-car-market
https://www.mckinsey.com/featured-insights/china/chinas-electric-vehicle-market-plugs-in
https://www.mckinsey.com/featured-insights/china/meeting-chinas-productivity-challenge
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/finding-the-fast-lane-emerging-trends-in-chinas-auto-market
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/how-carmakers-can-compete-for-the-connected-consumer
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/savvy-and-sophisticated-meet-chinas-evolving-car-buyers
Nielsen Publication: The Nielsen Auto Marketing Report 2018
http://www.oica.net/category/production-statistics/2000-statistics/
PWC Publication: PwC Automobile Industry Bluebook (2017 Edition) China Automotive Market: Witnessing the Transformation
Roland Berger Publication: Car-sharing in China – how to operate a successful business
http://www.scandicsourcing.com/blog-english/250-china-s-booming-automotive-market-overview-opportunities
https://www.statista.com/statistics/233743/vehicle-sales-in-china/
https://www.statista.com/statistics/259635/number-of-chinese-export-vehicles-by-country-of-destination/
https://www.worldatlas.com/articles/countries-with-the-most-automobiles-per-capita.html
http://www.worldstopexports.com/cars-imports-by-country/

Newspaper Articles, Blog Articles & Interviews:
All Online Sources have been accessed and tested on June 09, 2019
https://www.autocar.co.uk/car-news/new-cars/history-chinese-copycat-car-picture-gallery
https://asia.nikkei.com/Business/Business-Insight/Recognizing-the-growth-in-China-s-auto-market
https://asia.nikkei.com/Spotlight/Electric-cars-in-China/Chinese-electric-car-makers-charge-ahead-powered-by-state
https://www.autobild.de/artikel/mercedes-b-klasse-china-kopie-baic-bc301z-1327979.html
https://www.autoevolution.com/news/vw-officials-apologize-for-faulty-dsg-gearbox-in-china-45400.html
https://www.autogazette.de/daimler/troska/interviews/wir-werden-staerker-als-der-premiummarkt-wachsen-526218.html
https://www.autoindustrylawblog.com/2018/04/19/china-to-relax-joint-venture-requirements-for-manufacturing/
https://www.automobil-industrie.vogel.de/hubertus-troska-staerker-fuer-chinesische-kunden-entwickeln-a-780331/
https://www.automobil-produktion.de/hersteller/wirtschaft/daimler-produktion-in-china-als-fabrik-des-jahres-ausgezeichnet-120.html
https://www.automobil-produktion.de/maerkte/daimlers-china-chef-sieht-weiteres-wachstum-im-chinesischen-markt-127.html
https://www.automobil-produktion.de/maerkte/mercedes-will-seine-autos-staerker-an-regionale-vorlieben-anpassen-230.html
https://www.automobilwoche.de/article/20171002/NACHRICHTEN/171009993/china-vorstand-hubertus-troska-mercedes-wird-chinesischer
https://www.automobilwoche.de/article/20171205/BCONLINE/171209965/cargo-soll-expandieren-daimler-sucht-partner-in-china
http://www.automotiveit.com/news/interview-daimler-china-cio-marc-lampe/
https://www.auto-motor-und-sport.de/verkehr/reach-now-startup-bmw-daimler/
https://www.autonews.com/article/20130429/GLOBAL03/130429890/mercedes-chides-dealers-in-china-over-lackluster-sales
http://autonews.gasgoo.com/china_news/70015570.html
https://autoweek.com/article/china-auto-show/chinese-mercedes-g-wagen-latest-skirmish-clone-wars
https://www.autozeitung.de/mercedes-g-klasse-kopie-185056.html
https://www.barrons.com/articles/long-wheelbase-cars-are-chinese-exclusives-1542650661
https://www.bbc.com/news/business-18423709
https://www.bbc.com/news/business-38062059
https://www.bbc.com/news/business-46745472
https://blog.mercedes-benz-passion.com/2018/09/iaa-2018-die-actros-kopie-auman-est-a/
https://www.bloomberg.com/news/articles/2018-05-21/gas-guzzlers-set-to-fade-as-china-sparks-surge-for-electric-cars
https://www.businessinsider.com/china-continues-push-into-ev-industry-2018-7?IR=T
https://www.businesstimes.com.sg/consumer/dolce-gabbana-draws-ire-of-china-netizens
https://www.caixinglobal.com/2018-01-02/hyundai-cuts-global-sales-target-as-firm-struggles-in-china-101192395.html
https://www.caranddriver.com/news/a25589905/china-cuts-tariff-on-u-s-imports/
https://www.car-it.com/china-gewinnt-dramatisch-an-bedeutung/id-0061336
https://carnewschina.com/2010/05/08/spotted-faw-mercedes-benz-200/
https://www.carthrottle.com/post/this-chinese-range-rover-evoque-copycat-crashed-embarrassingly-into-the-real-thing/
https://www.chinaautoreview.com/index.php/Mercedes-Benz-going-full-steam-in-China-on-vehicle-connectivity/
http://www.chinadaily.com.cn/a/201807/13/WS5b47d8c4a310796df4df62ab.html
http://www.chinadaily.com.cn/a/201901/14/WS5c3bfd3ca3106c65c34e442f.html
http://www.chinadaily.com.cn/beijing/2016-07/06/content_26006774.htm
https://cleantechnica.com/2018/11/18/20000-baic-ec-series-sold-in-another-record-china-electric-car-sales-month/
https://cleantechnica.com/2019/02/03/8-plug-in-electric-vehicle-market-share-in-china/
https://cleantechnica.com/2019/02/24/china-ev-forecast-50-ev-market-share-by-2025-part-1/
https://cleantechnica.com/2019/03/31/byds-yuan-tang-shine-in-february-china-electric-car-sales-report/
https://www.cnbc.com/2018/04/05/chinas-trade-threat-could-hurt-german-carmakers-more-than-us-auto-giants.html
https://www.cnbc.com/2018/09/03/china-electric-vehicle-market-is-poised-for-explosive-growth-expert.html
https://www.cnbc.com/2019/01/03/china-annual-auto-sales-fall-for-first-time-in-about-two-decades.html
https://www.cnbc.com/2019/01/21/china-2018-gdp-china-reports-economic-growth-for-fourth-quarter-year.html
https://de.reuters.com/article/china-daimler-bmw-idDEKCN1RS0G5
https://www.deutschlandfunk.de/autoindustrie-daimler-zwischen-dieselskandal-und-kuenftiger.724.de.html?dram:article_id=425370
https://www.dw.com/de/carsharing-fusion-n%C3%A4chster-halt-china/a-43176794
https://www.dw.com/de/china-noch-eine-aufrichtige-entschuldigung-von-daimler/a-42517329
http://www.eagleaid.com/AID-Newsletter-preorder-1810preview-b-China-cuts-duty-on-imported-cars-to-15-percent.htm
https://www.economist.com/china/2017/03/02/chinas-citizens-are-complaining-more-loudly-about-polluted-air
https://europe.autonews.com/automakers/german-automakers-differ-china-jv-strategies
https://www.faz.net/aktuell/wirtschaft/automobile-daimler-chrysler-gelingt-der-markteintritt-in-china-1113060.html
https://www.forbes.com/sites/davidkiley5/2018/10/16/volvo-is-revitalized-in-u-s-by-chinese-ownership-but-faces-headwinds-from-trump-tariffs/
https://www.forbes.com/sites/jackperkowski/2017/06/01/china-is-leading-the-worlds-boom-in-electric-vehicles-heres-why/#5a972fdc2f2e
https://www.forbes.com/sites/jackperkowski/2018/07/13/china-shifts-subsidies-for-electric-vehicles/#781568935703
https://www.forbes.com/sites/michaeldunne/2018/03/30/chinas-electric-vehicle-leaders-who-are-they/#5e13e03030b6
https://www.forbes.com/sites/sarwantsingh/2019/01/30/give-way-uber-didi-signals-its-ambitions-and-they-encompass-wheels-on-every-continent/#edc9564350f9
https://www.ft.com/content/127323ba-61a5-11e9-b285-3acd5d43599e
https://www.ft.com/content/5e7d748a-5dec-11e8-9334-2218e7146b04
https://www.ft.com/content/d27ce564-4c9d-11e9-bbc9-6917dce3dc62
https://www.futurecar.com/3087/Daimler-AG-Looking-to-increase-its-Stake-in-BAIC-Motors-its-Joint-Venture-Partner-in-China
https://www.globalfleet.com/en/manufacturers/asia-pacific/features/daimler-acquires-4-bjev?a=YHE11&t%5B0%5D=China&t%5B1%5D=Daimler&t%5B2%5D=Geely&curl=1
https://www.greencarcongress.com/2019/04/20190418-mbchina.html
https://www.handelsblatt.com/today/companies/sales-dispute-audi-caves-to-chinese-car-dealers/23569892.html?ticket=ST-775473-ZQ7GUiihdbCGGh4V6cq7-ap1
https://www.handelsblatt.com/unternehmen/industrie/auto-von-morgen/handelsblatt-auto-gipfel-2017-der-panda-faellt-nicht-vom-baum/20509572.html?ticket=ST-1777230-ltgzzNApTmUnbDcEGOOO-ap4
http://asiaperspective.net/2018/08/16/china-global-electric-vehicle-market-leader/
https://insideevs.com/hottest-new-electric-cars-coming-in-2019-2020/
https://insideevs.com/news/341112/in-october-2018-byd-set-5th-straight-plug-in-electric-car-sales-record/
https://insideevs.com/news/341255/chinas-new-rules-will-punish-automakers-who-dont-meet-electric-quota/
https://insideevs.com/news/347306/over-1-million-plugin-cars-sold-china/
https://insideevs.com/plug-in-electric-vehicle-market-share-is-twice-higher-in-china-than-in-u-s/
https://www.manager-magazin.de/unternehmen/autoindustrie/a-880942.html
https://www.manager-magazin.de/unternehmen/autoindustrie/daimler-dieter-zetsche-widerspricht-bundesregierung-a-1118964.html
https://www.manager-magazin.de/unternehmen/autoindustrie/daimler-gruendet-joint-venture-mit-geely-smart-kommt-kuenftig-aus-china-a-1260053.html
https://www.manager-magazin.de/unternehmen/autoindustrie/daimler-haelfte-von-smart-soll-zu-grossaktionaer-geely-wechseln-a-1259835.html
https://www.manager-magazin.de/unternehmen/autoindustrie/daimler-kooperation-mit-geely-noch-nicht-gespraechsthema-in-peking-a-1204708.html
https://www.manager-magazin.de/unternehmen/autoindustrie/daimler-neue-beteiligung-an-china-partner-baic-als-zeichen-gegen-geely-a-1197100.html
https://www.marketing-interactive.com/senior-daimler-executive-accused-racist-rant-chinese-removed-role/
https://medium.com/@mamblard75/how-nio-byton-lucid-rivian-and-others-emulate-tesla-42e44a6f82b
https://medium.com/shanghaiist/mercedes-benz-apologizes-to-the-chinese-people-for-quoting-dalai-lama-on-its-instagram-page-7b15829211d
https://www.moz.de/artikel-ansicht/dg/0/1/1383500/
https://news.yahoo.com/mercedes-very-sorry-china-consumer-gripe-goes-viral-095804760--finance.html
https://www.n-tv.de/wirtschaft/China-laesst-Dolce-Gabbana-leiden-article20893889.html
https://www.n-tv.de/wirtschaft/Wie-ergeht-es-Daimler-in-China-article17568966.html
https://www.nzz.ch/mobilitaet/auto-mobil/china-traeume-trotz-smog-alarm-1.18280893
https://www.nzz.ch/mobilitaet/auto-mobil/daimler-chef-zetsche-mehr-elektroautos-sind-nicht-so-gut-fuer-die-bilanz-ld.1374575
https://www.nzz.ch/mobilitaet/auto-mobil/interview-hubertus-troska-die-e-klasse-hat-in-china-aufholpotenzial-ld.4214
https://www.reuters.com/article/us-audi-china-dealers-idUSKCN18G0DZ
https://www.reuters.com/article/us-autoshow-beijing-daimler/hostile-takeover-daimler-ceo-says-no-fears-about-chinese-magnate-li-shufu-idUSKBN1HW0C4
https://www.reuters.com/article/us-baic-daimler-exclusive/exclusive-chinas-baic-seeks-to-buy-5-percent-daimler-stake-sources-idUSKCN1SH06G?feedType=RSS&feedName=businessNews
https://www.reuters.com/article/us-china-autos-electric/china-targets-35-million-vehicle-sales-by-2025-nevs-to-make-up-one-fifth-idUSKBN17R086
https://www.reuters.com/article/us-china-autos-imports/chinese-car-imports-tumbled-87-percent-in-june-ahead-of-tariff-changes-idUSKBN1KR0Q4
https://www.reuters.com/article/us-china-usa-auto/china-says-to-halt-additional-tariffs-on-us-made-cars-from-jan-1-idUSKBN1OD165
https://www.reuters.com/article/us-didi-chuxing-booking-hldg-investment/chinas-didi-gets-500-million-funding-from-booking-com-parent-idUSKBN1K70TH
https://www.reuters.com/article/us-mercedes-benz-china-gaffe/mercedes-benz-apologizes-to-chinese-for-quoting-dalai-lama-idUSKBN1FQ1FJ
https://www.reuters.com/article/us-southkorea-autos-china-idUSKBN17511C
https://www.scmp.com/business/china-business/article/2169698/made-china-2025-worlds-biggest-auto-market-wants-be-most
https://www.scmp.com/business/companies/article/2085118/south-koreas-hyundai-kia-sales-halve-china-amid-diplomatic-spat
https://www.scmp.com/economy/global-economy/article/3006432/chinese-and-us-companies-fear-donald-trumps-trade-war-car
http://www.spiegel.de/auto/aktuell/byd-tang-plug-in-hybrid-aus-china-auf-dem-nuerburgring-a-1239906.html
https://www.spiegel.de/auto/aktuell/warum-lange-entwicklungszyklen-fuer-autohersteller-zum-problem-werden-a-881990.html
https://www.stimme.de/suedwesten/wirtschaft/wi/Auto-Daimler-Deutschland-China-Baden-Wuerttemberg-Daimler-grundsaetzlich-offen-fuer-Zusammenarbeit-mit-Geely;art19071,3995923
https://www.stuttgarter-zeitung.de/inhalt.interview-mit-hubertus-troska-die-s-klasse-bleibt-in-sindelfingen.48a5bb12-2103-478c-b171-0725757c5cce.html
https://www.stuttgarter-zeitung.de/inhalt.mercedes-entwicklungschef-ola-kaellenius-die-kosten-sind-eine-herausforderung.933d6dbe-0552-4a2a-8751-bcc22956e0d9.html
https://www.sueddeutsche.de/auto/carsharing-wie-in-den-anfangstagen-von-amazon-1.1882061
https://www.sueddeutsche.de/auto/smart-geht-nach-china-rache-auf-schwaebisch-1.215262
https://techcrunch.com/2018/02/26/geely-becomes-daimlers-largest-shareholder-with-9-billion-stake/
https://www.theverge.com/2019/4/16/18389666/electric-sedans-nio-xpeng-geely-shanghai-auto-show
https://www.washingtonpost.com/wpsrv/inatl/longterm/flash/june/china71.htm??noredirect=on
https://www.weekinchina.com/2019/04/dealing-with-disaster/

Official Company Information and Releases
All Online Sources have been accessed and tested on June 09, 2019
Audi:
https://www.audi-mediacenter.com/en/production-232
https://www.audi.com/en/company/profile/locations.html

BAIC:
http://en.baicgroup.com.cn/index.php?r=index/default/cate&id=133&tid=104

BMW:
https://www.bmwgroup.com/content/dam/bmw-group-websites/bmwgroup_com/ir/downloads/de/2010/termine-und-events/BMW_in_CHINA.pdf
https://www.bmw.com.cn/zh/all-models.html
https://www.bmwgroup.com/content/dam/bmw-group-websites/bmwgroup_com/ir/technologie_workshops/BMW%20Group%20Product,%20Technology%20and%20Business%20Update%202018%2020181203%20-%20Production%20Network.pdf

BYD:
http://bydeurope.com/company/history.php

Daimler:
Daimler AG and DaimlerChrysler Annual Reports accessible under:
https://www.daimler.com/investors/reports/annual-reports/
https://www.daimler.com/career/about-us/locations/location-detail-page-5184.html
https://annualreport.daimler.com/ar2018/combined-management-report/liquidity-and-capital-resources/investment-in-propery-plant-and-equipment
https://annualreport.daimler.com/ar2018/the-divisions/daimler-trucks#
https://blog.car2go.com/de/2014/02/26/people2know-rainer-becker/
https://blog.daimler.com/2018/03/20/smart-fortwo-car2go-china/
https://blog.daimler.com/2018/03/28/joint-venture-bmw-daimler-mobility-services/
https://blog.daimler.com/en/2019/03/28/joint-venture-geely-daimler-smart-china/
https://media.daimler.com/marsMediaSite/en/instance/ko.xhtml?oid=14752002
https://media.daimler.com/marsMediaSite/en/instance/ko.xhtml?oid=41827136&ls=L3NlYXJjaHJlc3VsdC9zZWFyY2hyZXN1bHQueGh0bWw_c2VhcmNoU3RyaW5nPUNoaW5hJnNlYXJjaElkPTAmc2VhcmNoVHlwZT1kZXRhaWxlZCZib3JkZXJzPXRydWUmcmVzdWx0SW5mb1R5cGVJZD00MDYyNiZ2aWV3VHlwZT1saXN0JnNvcnREZWZpbml0aW9uPVBVQkxJU0hFRF9BVC0yJnRodW1iU2NhbGVJbmRleD0wJnJvd0NvdW50c0luZGV4PTU!&rs=3
https://media.daimler.com/marsMediaSite/en/instance/ko/Best-Global-Brands-2018--the-star-shines-Mercedes-Benz-is-the-worlds-most-valuable-premium-automobile-brand.xhtml?oid=41444132
https://media.daimler.com/marsMediaSite/en/instance/ko/Daimler-buys-battery-cells-in-a-total-volume-of-20-billion-euros.xhtml?oid=42042973
https://media.daimler.com/marsMediaSite/en/instance/ko/Mercedes-Benz-grows-worldwide-sales-in-November.xhtml?oid=42011381
https://www.daimler.com/career/about-us/locations/location-detail-page-5185.html
https://www.daimler.com/career/about-us/locations/location-detail-page-5186.html
https://www.daimler.com/career/about-us/locations/location-detail-page-5244.html
https://www.daimler.com/case/en/
https://www.daimler.com/company/joint-venture-with-geely.html
https://www.daimler.com/company/locations/daimler-to-expand-local-mercedes-benz-production-with-its-partner-in-china.html
https://www.daimler.com/company/locations/daimler-to-expand-local-mercedes-benz-production-with-its-partner-in-china.html
https://www.daimler.com/company/tradition/company-history/
https://www.daimler.com/documents/investors/news/capital-market-releases/daimler-mercedes-benz-ir-release-en-20181206.pdf
https://www.daimler.com/innovation/case/shared-services/daimler-and-geely.html
https://www.daimler.com/innovation/next/teile-und-fahre-carsharing-in-china.html
https://www.smartchina.com.cn/
https://www.smartusa.com/about-us

Denza:
https://denza.com/portal/page/index/id/8.html?lang=en

Geely:
http://global.geely.com/history/

Porsche:
https://www.porsche.com/china/en/
https://www.porsche.com/china/en/aboutporsche/aboutporschechina/

Audio and Video Material:
All Online Sources have been accessed and tested on June 09, 2019
Daimler Headlights Audio Podcast – Interview with Chief Economist Müller
https://podcasts.google.com/?feed=aHR0cHM6Ly9oZWFkbGlnaHRzLnBvZGlnZWUuaW8vZmVlZC9tcDM%3D&episode=MDc1NDc4MGZmZWExNzM0NTcwM2FiYWMzZjcyNTgwMDM%3D
Video Interview with Dr. Dieter Zetsche
https://www.swr.de/swr-extra/daimler-boss-dankt-ab-dieter-zetsche-im-gespraech-mit-swr-chefredakteur-fritz-frey/-/id=5692094/did=24105834/nid=5692094/j4es5x/index.html