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Daimler says there's no 'maybe' over Maybach

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Daimler says there's no 'maybe' over Maybach

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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.