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The automotive industry crisis of 2008–10 has had a great impact on the formerly Swedish owned automobile makers. In 2009 Ford sold Volvo Cars to Chinese Zhejiang Geely Holding Group. Volvo Cars is the first western automotive manufacturer owned by a Chinese company. [14]
Current and defunct automobile manufacturers of Sweden. Allvelo (1903–1907) AB Nyköpings Automobilfabrik (assembly, 1937–1960) AB Thulinverken (1920–1928)
In 1977, Volvo tried to combine operations with rival Swedish automotive group Saab-Scania, but the latter company rejected it. [9] Between 1978 [9] and 1981, Volvo acquired Beijerinvest, a trading company involved in the oil, food, and finance businesses. In 1981, those sectors represented about three quarters of Volvo's revenue, while the ...
Swedish racecar constructors (2 P) T. Truck manufacturers of Sweden (2 C, 5 P) V. Volvo (7 C, 30 P) Volvo Group (4 C, 17 P) ... List of automobile manufacturers of ...
The company's main marketing revolves around safety and its Swedish heritage and design. Volvo Cars has been separate from its former parent conglomerate and producer of heavy trucks, buses, and construction equipment (among others) AB Volvo since 1999 when AB Volvo sold its automobile division Volvo Cars to Ford Motor Company for US$6.47 ...
STOCKHOLM (Reuters) -Norsk Hydro became the sole owner of battery recycler Hydrovolt on Monday after the Norwegian aluminium maker agreed to buy the remaining shares from ailing Swedish battery ...
Polestar is a Swedish automotive manufacturer that produces electric cars. Principally owned by Li Shufu's PSD Investment, Geely Holding and Volvo Cars (each with ties to the Geely industrial conglomerate), [2] [3] the company is headquartered in Torslanda outside Gothenburg, Sweden. [7]
See the Automotive industry in Sweden for more details. Company portal; Sweden portal; Subcategories. This category has the following 3 subcategories, out of 3 total. ...