Is Geely the Largest Shareholder of Mercedes-Benz?
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Geely is the largest shareholder of Mercedes-Benz. Geely Group has acquired a 9.69% stake in Daimler through its overseas capital entity and holds voting rights. Below is a detailed introduction about Geely Group: 1. Introduction: Geely Holding Group is headquartered in Hangzhou and owns brands such as Geely Auto, Volvo Cars, and London Taxi. Among them, Geely Auto has established vehicle and powertrain manufacturing bases in Taizhou/Ningbo, Zhejiang; Xiangtan, Hunan; Chengdu, Sichuan; Baoji, Shaanxi; and Jinzhong, Shanxi. 2. Models: Geely Holding Group currently offers more than 10 vehicle models, including the Emgrand EC7 (A-class sedan), Borui (B-class sedan), Boyue (SUV), Emgrand GS (crossover SUV), Vision series, and King Kong series, as well as a full range of engines from 1.0L to 3.5L and matching manual/automatic transmissions.