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Wikipediahttps://en.wikipedia.org/wiki/GeelyGeely - WikipediaThe first Lotus car was built in 1948 and in June 2017, Lotus Cars became majority owned by Zhejiang Geely Holding Group. Volvo Cars – Volvo Cars is 99% controlled by Zhejiang Geel…Volvo Carshttps://www.media.volvocars.com/global/en-gb/media/pressreleases/285269/volvo-cars-to-take-full-ownership-of-its-chinese-manufacturing-and-sales-operationsVolvo Cars to take full ownership of its Chinese manufacturing and sales operations - Volvo Cars Global Media NewsroomVolvo Cars has been under the ownership of the Zhejiang Geely Holding since 2010. As of December 2020, Volvo Cars employed approximately 40,000 (41,500) full-time employees. Volvo …
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Does China Own Volvo Cars? (Debunking The Myth!)
Mar 20, 2024 · After owning Volvo cars from 1999 to 2010, Ford Motor Company sold Volvo cars to the current China-based Group Geely for $1.8 billion. The headquarters was still in Sweden ( Torslanda, Gothenburg).
Who Owns Volvo: Detailed Insights - Brands Owned By
2 days ago · Volvo Cars, which produces passenger vehicles like the XC90 and S60, is owned by Geely Holding and manufactures cars in Sweden, Belgium, China, and the USA. Volvo Group, which makes trucks, buses, and …
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Volvo Cars to take full ownership of its Chinese …
Jul 21, 2021 · Volvo Cars has signed an agreement with its parent Geely Holding to acquire Geely Holding’s stake in the companies’ joint ventures in China, with the aim of taking full ownership of its car manufacturing plants and sales …
Is Volvo 100% Owned by Geely? - AutoCango Blog
Jul 16, 2024 · However, it would be incorrect to state categorically that 100% of Volvo is owned by Geely. Geely, the biggest shareholder, controls Volvo Cars though there are other stakeholders as well for the company operates as an …
Who Owns and Makes Volvo Models? | Volvo Cars Waterloo
See more on volvocarswaterloo.comThe Zhejiang Geely Holding Group is based in Hangzhou, which is located in south-east China’s Zhejiang Province. The company launched their automotive business in 1997 and eventually took over ownership of the Swedish-made Volvo brand in 2010. So, the Zhejiang Geely Holding Group owns the brand, but who m…- Published: Oct 31, 2019
What car companies does Geely own?
Sep 30, 2022 · Owned by the ‘Volvo Car Group’ as part of the Geely arrangement, Polestar only started delivering its first cars in 2020 but managed to deliver 29,000 cars in 2021. …
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Who Owns Volvo? - businessmodelanalyst.com
Sep 23, 2024 · Volvo Cars is primarily owned by Geely Holding Group, a Chinese multinational automotive company that acquired the Swedish automaker from Ford Motor Company in 2010.
Who Owns Volvo? Owner, CEO and Key Data (2025)
Dec 27, 2024 · Zhejiang Geely Holding Group is the owner of Volvo Cars, a Chinese conglomerate that acquired the majority of Volvo’s shares in 2010. Although Geely is the main shareholder, Volvo continues to operate …
Geely owned Volvo Cars buy out its parent …
Jul 21, 2021 · Volvo Cars, a sister company of Chinese car maker Geely Holding, to take full ownership of its car manufacturing plants and sales operations in China by acquiring Geely …
Big profile of Volvo's owner Geely and its founder Li …
Nov 29, 2023 · Geely is one of China’s biggest private auto builders owned by billionaire Li Shufu, also known under his English name, Eric Li. His net worth is 15.1 billion USD, and he is the 115th richest person in the world, according to …
About Volvo - This is Volvo - Volvo Car USA Newsroom
Volvo Car Group (Volvo Cars) is owned by Zhejiang Geely Holding (Geely Holding) of China. Volvo Cars formed part of the Swedish Volvo Group until 1999, when the company was bought …
Ford finalizes deal to sell Volvo to Geely for $1.8 billion - Autoblog
Mar 28, 2010 · Volvo will be 100-percent owned by Geely, and Ford will not retain any equity stake. Because of the component sharing between existing Volvo vehicles and Ford models, …
Geely, Volvo deal considered 'one of the most successful …
Oct 4, 2021 · Volvo Cars, the Swedish automaker which is owned by China's Zhejiang Geely Holding Group Co, is reportedly finishing plans for an initial public offering (IPO) that could …
Volvo Cars and owner Geely consider merger deal | AP News
Feb 10, 2020 · Volvo Cars is based in Goteborg, Sweden, but has been owned by Geely since 2010. Last year, the global sales for Volvo Cars, which is a separate company from truckmaker …
Volvo Cars and Geely to deepen partnership and establish joint …
Jul 20, 2017 · Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. It formed part of the Swedish Volvo Group until 1999, when the …
Geely Cuts Volvo Stake, Says It’s Still a Long-Term Investor
Jan 10, 2024 · Volvo AB’s second-largest shareholder Geely confirmed it lowered its stake in the company by redeeming bondholders with the truckmaker’s shares over the past months.
Eyeing IPO, Volvo Cars to take full control of its Chinese business
Jul 21, 2021 · Volvo Cars has struck a deal to buy out parent company Zhejiang Geely Holding (GEELY.UL) from their joint ventures in China, in a move that could make a potential initial …
Volvo stops funding Polestar, hands stake to Chinese-owned Geely
Feb 1, 2024 · On Thursday Volvo announced it is shifting "full operational and financial support" of its Polestar subsidiary to Chinese-owned Geely. Volvo itself is a subsidiary of Geely, which …
Who is Geely Automotive, its brands and its owner?
22 hours ago · Who is Geely Automotive? Officially named and operating as Zhejiang Geely Holding Group, Geely Automotive is a prominent Chinese multinational automotive …
Volvo-owner Geely goes on a cost-cutting spree, aims to catch …
4 days ago · In China, Zhejiang Geely Holding Group Co.’s Geely Automobile, which reports earnings on Thursday, is trying to catch up to electric-vehicle leader BYD Co. In Europe, Volvo …
U.S. states divided over willingness to welcome a Chinese …
Mar 14, 2025 · Some analysts predict a China-based automaker besides Geely's brands will be manufacturing in the United States before the Trump administration ends.
Geely billionaire goes on a cost-cutting spree to catch rivals
4 days ago · In China, Zhejiang Geely Holding Group’s Geely Automobile, which reports earnings on Thursday, is trying to catch up to electric-vehicle leader BYD.
Geely EX5 2025 review: Australian first drive - CarsGuide
Feb 23, 2025 · Volvo, Polestar, Lotus and Zeekr are either majority or entirely owned by Geely, and the father brand — like Volkswagen in its eponymous group — therefore benefits from …
Renault, Geely Deepen Partnership With Brazil Car Sales Plan
Feb 17, 2025 · Renault SA and China’s Zhejiang Geely Holding Group Co. plan to jointly produce and sell electric and low-emissions vehicles in Brazil.
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