After acquiring a nearly 10 percent stake in Mercedes-Benz owner Daimler AG to become its biggest shareholder,Zhejiang Geely Holding, the parent of Geely Automobile Holdings (00175.
HK), and now controls three major auto brands. Li Shufu,the founder of Geely, is reportedly setting his sights on Jaguar, and Land Rover and Jeep as well. The Chinese automaker bought […]
Source: ejinsight.com