alt Hacker NewsA Chinese company owns Volvo since 2010 or so.
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turtlesdown11 • yesterday at 7:23 PM
The car part of Volvo is owned by Geely, Volvo AB makes trucks, buses, etc.
A Chinese company owns Volvo since 2010 or so.
The car part of Volvo is owned by Geely, Volvo AB makes trucks, buses, etc.
Volvo Cars is still headquartered in Sweden, and employ 22.4k people in Sweden out of 40k globally[1].
Given that the market for Volvo is global, it seems to me that Volvo Cars is still overwhelmingly Swedish, while at the same time being overwhelmingly controlled by Geely.
[1]; https://www.svt.se/nyheter/lokalt/vast/1000-personer-far-lam...