Sunshine (she/her)@piefed.caM to Buy European@feddit.ukEnglish · 22 hours agoEuropeans Would Rather Buy Chinese Cars Than American Ones: Studyinsideevs.comexternal-linkmessage-square71fedilinkarrow-up1347arrow-down12
arrow-up1345arrow-down1external-linkEuropeans Would Rather Buy Chinese Cars Than American Ones: Studyinsideevs.comSunshine (she/her)@piefed.caM to Buy European@feddit.ukEnglish · 22 hours agomessage-square71fedilink
minus-squarebirdwing@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up4·13 hours ago44% owned by PSD Investment from the Chinese Li Shufu, and 22% by Geely Holding, again owned by Li Shufu. The other 16% is Volvo and 18% by public shareholders. So yes, you’re right. It’s dominated by China, but it’s indeed a joint venture.
minus-squareAqarius@lemmy.worldlinkfedilinkEnglisharrow-up1·8 hours agoExcept the 16% that is Volvo is actually Volvo Cars, which is also 80% Geely.
44% owned by PSD Investment from the Chinese Li Shufu, and 22% by Geely Holding, again owned by Li Shufu. The other 16% is Volvo and 18% by public shareholders.
So yes, you’re right. It’s dominated by China, but it’s indeed a joint venture.
Except the 16% that is Volvo is actually Volvo Cars, which is also 80% Geely.