Search results
Results from the WOW.Com Content Network
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.
Li founded Geely in November 1986; it is now the second-largest private automobile manufacturer in China. [4] On 28 March 2010, Geely signed a deal worth US$1.8 billion to buy Swedish automobile manufacturer Volvo Cars from American automobile manufacturer Ford Motor Company. [5] It was the largest foreign purchase by a Chinese car manufacturer.
Need help? Call us! 800-290-4726 Login / Join. Mail
Volvo Car Group: Volvo Cars; Polestar [23] Lotus Group: Lotus Cars (JV) ... The European Commission and China's Ministry of Commerce approved the deal on 6 and 29 ...
For premium support please call: 800-290-4726 more ways to reach us
Volvo Cars' sales rose 5% year on year in November to 66,977 vehicles, led by Europe and the United States, it said on Wednesday. Sweden-based Volvo Cars, majority owned by China's Geely Holding ...
China: 2013–present [16] First Volvo Car plant in China [16] Manufacturing: S60, XC60, EX90, EX30: Worldwide Daqing Plant Daqing Volvo Car Manufacturing (DVCM) LVY: P:
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]