German automaker Daimler made a $9-billion deal with Geely


Visitors look at a concept driverless truck at the booth of German truck maker Mercedes Benz at the IAA truck show in Hanover, September 26, 2014. The IAA 2014 will run until October 2, 2014.

Chinese auto manufacturer Geely made a sizable bet on Mercedes-Benz maker Daimler, buying a 9.69% stake in the German company for $9 billion.