> The German government owns 25% of VW. That’s not quite correct. The shares are owned by the state of Niedersachsen, not the federal government. And they don’

> The German government owns 25% of VW. That’s not quite correct. The shares are owned by the state of Niedersachsen, not the federal government. And they don’t own 25%. They own 11.8%, though they have 20% of the voting rights.