Diplomatic spat threatens business ties with Russia – Daimler and BMW team up on transport services
German automakers Daimler and BMW have agreed to merge their transportation services businesses. The move will expand their offerings in car sharing, ride-hailing apps and systems for parking and charging electric cars.
Volkswagen has warned the US against imposing "one-sided protectionism" after a threat of taxes on imported cars. Washington is to probe whether the dominance of foreign carmakers is a threat to US national security.
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