Sources: China's Geely buys shares in Germany's Daimler

- Reuters file pic

FRANKFURT/BEIJING: Chinese carmaker Geely has bought shares in German car and truck maker Daimler, two people familiar with the matter told Reuters, as the Chinese owner of Volvo cars seeks to strike an alliance over electric cars technology.

The size of the stake is unclear but likely to be below 3%, as that level would require Geely to make a regulatory disclosure in Germany.