Shares of Germany's Daimler AG lost Thursday after the Hamburg-based Manager Magazin quoted sources as saying that Abu Dhabi sovereign wealth fund Aabar Investments plans to sell its 9-percent stake in the German largest carmaker.

At the German stock market in Frankfurt, shares of Daimler AG fell 2.66 percent in late trading on Thursday.

According to the report, Aabar also plans to cease its engagement with Daimler's Formula 1 team, in which Aabar holds a 40-percent share, as well as with the joint venture in the U.S. electronics car producer Tesla.

Aabar bought a 9.1-percent share in Daimler AG in 2009 worth around 2 billion euros (about 2.62 billion U.S. dollars).

Daimler and Aabar have declined to comment on the report.