4 ms·
The now public Volvo Cars is majority-owned by Geely. (Volvo Cars, not Volvo.) Volvo makes trucks, buses and construction equipment. It's one of the largest ma
by tpmx 4y ago
The now public Volvo Cars is majority-owned by Geely. (Volvo Cars, not Volvo.)
Volvo makes trucks, buses and construction equipment. It's one of the largest manufacturers of heavy-duty trucks globally, including e.g. the Mack brand. Geely owns 8.2% of Volvo. I think it's still majority Swedish-owned, but I'm not certain.
They share the Volvo brand via a long-standing agreement.
- netsharc 4y agoAnd fascinatingly in China there's a construction machine manufacturer who uses the brand... Lovol.
- tpmx 4y agoOf course there is.
- userbinator 4y agoThey should advertise their products as being quieter than the competition.