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Who owns Volvo? From the article: > The EX30 from Volvo Cars (VOLCARb.ST), opens new tab, the Swedish luxury brand owned by China's Geely (GEELY.UL) From Wik
by ycombinete 2y ago
Who owns Volvo?
From the article:
> The EX30 from Volvo Cars (VOLCARb.ST), opens new tab, the Swedish luxury brand owned by China's Geely (GEELY.UL)
From Wikipedia [0]:
> Owners: AB Industrivärden (9.1%; 27.9% votes)
> (6.8%; 15.5% votes)*
[0] https://en.m.wikipedia.org/wiki/Volvo https://en.m.wikipedia.org/wiki/Volvo
- radpanda 2y agoVolvo Cars is a different entity than Volvo: https://en.wikipedia.org/wiki/Volvo_Cars https://en.wikipedia.org/wiki/Volvo_Cars
- ErikBjare 2y agoAs you can read in the article, Volvo Cars [0] was spun out and bought by Ford in 1999, then by Geely in 2010. Volvo AB (largest owner Industrivärden) still owns Volvo Trucks and the other parts of Volvo. [0]: https://en.m.wikipedia.org/wiki/Volvo_Cars https://en.m.wikipedia.org/wiki/Volvo_Cars