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Company Owner Notes Koenigsegg (1994–present) [1]Lynk & Co (2016–present): Geely: Collaboration between Volvo Cars and its parent company Geely: Polestar (2017–present): Geely through Volvo Cars in 2015
Swedish aircraft manufacturer AB Thulinverken in Landskrona started building automobiles in 1920. The car was based on a design from German manufacturer AGA. [6] The production was limited and when Volvo started production in 1927 Thulin left the automobile industry after some 500 cars had been built. [7]
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3. Volvo C70 (2013) This two-door coupe and convertible enjoyed a fairly long run for the Swedish automaker, first arriving stateside as a 1998 model.
Polestar, the Swedish automaker spun off from Volvo in 2017, is planning a rapid expansion of its lineup of numerically named EVs. Last year came the Polestar 3 , a sleek compact SUV with potent ...
The Swedish automaker said it now aims for between 90% and 100% of its car sales to be fully electric or plug-in hybrid models by 2030. The company now says that up to 10% of its sales will ...
Although it was rumoured that Volkswagen would buy Volvo Cars, and despite initial denials, the company Geely Holding Group was ultimately selected to take over the Swedish automaker. [30] Geely Holding allegedly bid about US$1.5 billion to take over Volvo, with Goldman Sachs investing HK$2.59 billion (US$334 million) in the holding company.
During the Second World War Scania-Vabis’ entire production went to the Swedish Armed Forces and other public institutions. The company designed a new generation of trucks for post war times, when the pent-up demand for new trucks was expected to boom. The first post-war model, L10, was introduced in 1944. [2]