5 ms·
Volvo is a Chinese car company.
by avar 3y ago
Volvo is a Chinese car company.
- throwaway4good 3y agoIt is a multinational company with Chinese owners, headquartered in Sweden. Used to be owned by Ford.
- onlyrealcuzzo 3y agoThat's a quite reductionist view. Just because a Chinese holding company owns something doesn't mean it's a "Chinese company".
- tuatoru 3y agoIt's on its way to being a Chinese-owned brand. Just like MG, which is now a brand owned by Shanghai Automotive Industrial Co. Or Jaguar Land Rover, owned by Tata Industries. It's only a reductionist view in the very short term.
- hef19898 3y agoBoth, Volve and JLR, are actually hreat examples of what can happen when the rich owner doesn't interfere with operations. JLR all of a sudden is doing great, building great cars as a kind of nieche luxury brand. Volvo the same. None did particulary well under Ford's ownership. Sadly, Saab was killed by GM before it could be saved. In fact, JLR and Volvo were more "brands" under Ford ownership, as compared to now where both are independent car makers.
- mensetmanusman 3y agoit's illegal for a chinese company to not have ccp drones as part of leadership.
- avar 3y agoVolvo's >80% privately owned by one Chinese guy (through a holding company). So yes, it's a Chinese company, as much as the ownership of any large modern conglomerate can be attributed to a given nation. If that one guy wants all Volvo's to be shipped fluorescent pink it's going to happen. Note that I was referring to Volvo Cars, the company that manufactures trucks etc. isn't owned by the same holding company, but they've got an agreement to share the "Volvo" brand.
- alvah 3y agoIndeed. Nobody was calling it an American car company when Ford owned it. Once it formally merges with Geely, it will become a Chinese car company.