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It’s a special relationship between Li Shufu and Daimler. When heute54-year-old with his company Geely received license to build cars 20 years ago, his first car model was strikingly similar to a Mercedes. Technically, derHaoqing could not keep up with Swabian model, but many Chinese were able to reach Mercedes-look. Plagiarism brachteGeely A copyright lawsuit by Daimler. Zaoche Fengzi called VieleChinesen Li Shufu, translated into German “crazy car maker”.
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Now Li has risen with Geely to become largest shareholder of Stuttgart traditional group. Surprisingly, founder, majority shareholder and CEO of Geely secured around 9 7percent of Daimler shares. This is from a Stimmrechtsmittelunghervor that was published on Friday night. About seven billion Eurohat Li estimated invested. This makes a Chinese company first größterEinzelaktionär of Stuttgart automobile manufacturer and dissolves State fund Kuwait.
DasEngagement ensures irritation in Stuttgart, Handelblatt even writes that management has been “caught cold”. It was not prepared for Li to buy so many shares toger using financial tricks. Daimler is afraid that an investor will now have an influence that could not only demand a seat on supervisory board, but also einestärkere cooperation in field of electromobility. At weekend Li has already travelled to Stuttgart to meet with Daimler Peak. On Monday, he will meet with Daimler CEO Dieter Zetsche according to Handelsblatt, and on Tuesday Angela Merkel’s economic advisor, Lars-Hendrik Röller, meets.
“Happiness and Profit”
Geelyheißt translates “happiness and Profit” – and describes quite well LIS history expertise. The son of a south China rice farmer from Hangzhou borrowed with 18Jahren from his far 120 yuan (according to current purchasing power about 100 euros), bought a camera and began his professional career as a photographer, an absolute niche profession in China of Achzigerjahre. After that he tried recycling of electronic waste, founded a refrigerator factory with friends, manufactured motorcycles for Taiwan.
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ZumAutobau came only 1998 when he acquired a license. Twenty years later, Geely, with 1,240,000 cars sold last year, is dererfolgreichste private car manufacturer in China. In year 2020 Li wants to sell even two million cars a year in China.
He is also active abroad. For year 2010 he acquired Swedish brand Volvo for 1.8 billion euros. For heruntergewirtschaftetenschwedischen car maker, that was a stroke of luck at that time, previous owner Ford HatteVolvo brought to brink of ruin.
The entry of Chinese is AlsErfolgsbeispiel: Although many Volvos are now being produced in China, Volvo Pastitis is again established in worldwide automarket – and contributes to Geelysjüngsten record sales. Also invested in British sports car brand Lotus HatLi. With new Volvo brand Lynk Co, Geely AB KommendemJahr will conquer European car market with a hybrid model.
