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On 28 March 2010, Ford sold Volvo Cars at a loss to Geely Holding for $1.8 billion; the deal closed in August 2010. [4] [5] Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021, though Geely Holding still retains majority ownership. Volvo Cars and AB Volvo share the Volvo logo, and cooperate in running the Volvo Museum.
Automobile manufacturer Volvo Cars, also based in Gothenburg, was part of AB Volvo until 1999, when it was sold to the Ford Motor Company. Since 2010 Volvo Cars has been owned by the automotive company Geely Holding Group. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Gothenburg, Sweden. [6]
Body style Model Current generation Vehicle description Image Name(s) Introduction Facelift; Sedan: S60: 2018 - Mid-size car/Entry-Level Luxury car/Compact executive car: Station wagon
Volvo Trucks (Swedish: Volvo Lastvagnar) is a truck manufacturing division of Volvo based in Gothenburg, Sweden. Volvo Trucks was a separate company within Volvo. The Volvo Group was reorganised on 1 January 2012 and as a part of the process, Volvo Trucks ceased to be a separate company and was instead incorporated into Volvo Group Trucks along ...
Volvo Car Gent (VCG) YV1: 2: Ghent, Belgium: 1965–present: Second Volvo Car plant outside Sweden: Assembly (1965–1972) Manufacturing (1972–present) XC40, V60, C40, EX30 (2025-) [5] Worldwide Debut model: Volvo Amazon: Previously named Volvo Cars Europe Industry (1965–2007) Halifax Plant Volvo Halifax Assembly (VHA) 3: Halifax, Nova ...
On 28 October 2009, Ford named Geely the preferred buyer of Volvo Cars. [ 13 ] [ 14 ] On 23 December 2009, Ford confirmed that all substantive commercial terms for the sale to Geely had been settled. Geely signed a deal with Ford to acquire Volvo Cars for $1.8 billion on 28 March 2010 and closed the deal on 2 August 2010.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Volvo Financial Services (VFS), established in 2001, offers financial services for Volvo Group's brands. VFS' global headquarters are located in Greensboro, North Carolina, USA. A global organization serving nearly 50 markets, VFS focuses exclusively on providing financial services and solutions to the Volvo Group's internal and external customers.
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