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> a yellow-gold, battery-powered Polestar 2 manufactured by Volvo and its Chinese parent Zhejiang Geely Holding Group Co. Huh? Geely ain't even the largest sh
by yellowapple 4y ago
> a yellow-gold, battery-powered Polestar 2 manufactured by Volvo and its Chinese parent Zhejiang Geely Holding Group Co.
Huh? Geely ain't even the largest shareholder (by capital or voting rights), let alone Volvo's "parent". 8.2% capital and 16% of the votes is hefty, sure, but far from designating one to be "the" owner (especially when Industrivärden has a bigger stake by both metrics).
- jzwinck 4y agoAre you saying this page is wrong? https://en.m.wikipedia.org/wiki/Volvo_Cars https://en.m.wikipedia.org/wiki/Volvo_Cars
- yellowapple 4y agoAh, right, forgot that Volvo sold off Volvo Cars to Ford. I was referencing https://en.wikipedia.org/wiki/Volvo https://en.wikipedia.org/wiki/Volvo (and the financial report it cites).