FRANKFURT: Li Shufu, the founder and main owner of China’s Geely, has no plans to buy further stakes in carmakers after building up a holding of almost 10% in Germany’s Daimler, he told a German newspaper.
“Currently we have no plans for further purchases. We will concentrate for now on the development of existing holdings.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!