2 ms·
> The car companies are publicly traded well kinda. bmw basically is owned to 46% by two people and they control it. vw the same, most voting stock is in the h
by merb 5y ago
> The car companies are publicly traded
well kinda. bmw basically is owned to 46% by two people and they control it.
vw the same, most voting stock is in the hands Porsche Automobil Holding SE, basically owned by wolfang porsche, his ancestor was ferdinand porsche.
yeah on paper they are traded. but not controlled. (mercedes is different here)
but a lot corporations in germany are at least still controlled by descendants