The German car manufacturer Daimler has played down talk that it is to sell its super luxury Maybach brand to a Chinese company.
The Guangzhou Daily and other Chinese media said the firm BYD, based in Shenzhen, was ready to make a move once Maybach is put up for sale.
A Daimler spokesman said the Maybach brand is an important part the company’s portfolio.
BYD also denied the reports, saying they will work with Daimler to develop electric cars for China.
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