European🇪🇺

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Joined 1 year ago
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Cake day: June 10th, 2023

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  • FYI , found this for context: Volvo Cars is primarily owned by Geely Holding Group, which acquired the company from Ford in 2010 for $1.8 billion. As of 2023, Geely holds approximately 78.7% of Volvo Cars, making it the largest shareholder, but not a full owner. Volvo operates independently, maintaining its Swedish heritage and brand identity while benefiting from Geely’s resources and management support. The company was publicly listed on the Nasdaq Stockholm stock exchange in 2021, further diversifying its ownership structure