DaimlerChrysler eyes China trucks deal by year end

Newswire

FRANKFURT, July 25 (Reuters) - DaimlerChrysler said on Thursday it aimed to agree on a long-awaited joint venture with China's First Automotive Works by the end of the year, a move aimed at tapping China's potentially lucrative truck market. "We want to get this thing going and are hoping for closure this year," said a spokesman for the German automaker. DaimlerChrysler, the world's biggest truckmaker, has been in talks with FAW about jointly building heavy trucks for well over a year and ...

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