Geely Group Owner Enjoying His 103,619,340 Shares in Daimler

Unlike German auto titans BMW Group and Volkswagen Group, Mercedes-Benz parent company Daimler didn't have the stabilizing effect of a family or individual with a massive, long-term cache of company shares. That's no longer the case, as Geely Group owner Li Shufu has announced his purchase of a 9.69 percent stake in the German automaker. […] The post Geely Group Owner Enjoying His 103,619,340 Shares in Daimler appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA