Who is the owner of Volvo?
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. Who owns Volvo Cars? Volvo Cars is owned by the Chinese conglomerate Zhejiang Geely Holding Group Co. Ltd. Geely Holding. Geely is a multinational corporation that owns multiple businesses and brands in the automotive industry, and it took over the Volvo Cars brand in 2010.
Is Volvo an Israeli company?
The Volvo Group is headquartered in Gothenburg, Sweden. We drive prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. China, followed by the US, UK, Germany, and Sweden, were the five largest markets for Volvo in 2025.