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by k__ 2415 days ago
True. On the other hand, at least VW is partly owned by the state.

Also, I think it's good to get into renewables for the climate and to cut the monarchs and autocrats off from their money in the long run.

1 comments

Looks like VW is actually more owned by Qatar than any part of the German state:

https://www.volkswagenag.com/en/InvestorRelations/shares/sha...

Edit: Saxony does get more voting rights than Qatar.

It should be noted that all the profit from state owned shares ends up in the independent Volkswagen Foundation (promoting science), not the state budget.
You mean Lower Saxony. Saxony is a different state on the other side of Germany, that has no voting rights in VW.