Who is the owner of volvo company?

[jatin]

I’m a bit confused about Volvo’s ownership. Who is the owner of Volvo company today? Is it still a Swedish company, or has it been acquired by another brand?

 

[Oscar]

Volvo Cars is owned by Geely Holding Group, which acquired it from Ford Motor Company in 2010. Volvo Group remains separate.

 

[Aurora]

Volvo Cars is owned by Geely Holding Group (China).

 

[MitchelThe]

"Hey guys, I think you're referring to the ownership structure of Volvo Cars, as there's a separate entity for Volvo Group, the parent company of the trucking division. Volvo Cars is owned by Geely Holding Group, a Chinese multinational automotive company, since its acquisition in 2010."

 

[alexmetro]

It’s a bit split actually Volvo Cars is owned by China’s Geely Holding Group, but it’s still very much Swedish in roots and design, while Volvo Group (trucks, buses, etc.) is a separate Swedish company.