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Daimler AG holds a 20% stake in Eicher Motors , a 10.% stake in KAMAZ , an 89.29% stake in Mitsubishi Fuso Truck and Bus Corporation , a six.75% stake in Tata Motors and a 3.1% in the Renault-Nissan Alliance , a 12% stake in Beijing Automotive Group, and an 85% stake in Master Motors Daimler and BYD Auto have a joint venture known as Denza , both companies hold a 50-50% stake.