Are Imported Volvos Owned by Geely?

[Oliveira]

Imported Volvos are not owned by Geely. Relevant details are as follows: 1. Geely Group acquired 100% equity of Volvo Car Corporation through acquisition, thereby obtaining 10,963 patents and proprietary intellectual property rights. However, Geely cannot use the "limited authorization" patents jointly developed by Volvo and Ford prior to the acquisition. For example, the S16 six-cylinder engine, which once won the "Ward's 10 Best Engines" award, was co-developed by Volvo and Ford, with some of its technologies belonging to Ford. Volvo can continue to use this engine, but Geely cannot. 2. Technologies such as Volvo's GMC upgrade platform, in-car air quality control system, and GX7 safety innovations can be fully utilized by Geely in its own vehicles. For instance, Geely's B-segment sedan, the Borui, is produced on the KC platform, an extension of the GMC platform, and safety features like city pre-collision, adaptive cruise control, and semi-automatic parking are also borrowed from Volvo.

[DeArthur]

Yes, imported Volvos are now owned by Geely. This goes back to 2010 when China's Zhejiang Geely Holding Group acquired Volvo Cars from Ford Motor Company in a full buyout. Since then, all Volvo vehicles imported to China, whether it's the S90 or XC60, have been under Geely's ownership. Geely hasn't interfered arbitrarily—Volvo still maintains its authentic Nordic style and high safety standards. I've driven an imported model myself and found the craftsmanship as reliable as ever. Nowadays, Geely has also established factories in China, localizing some models, but the imported vehicles remain under Geely's shareholding, albeit with slightly higher costs due to import tariffs. Overall, this acquisition has significantly elevated Chinese brands' status in the global automotive industry, and consumers benefit from more affordable prices and localized services.

[DePaislee]

Indeed, imported Volvo cars belong to Geely Holding Group. From an ownership perspective, Geely officially acquired all shares of Volvo Cars in 2010, which means regardless of where the vehicles are imported from, ultimate control rests with Geely. As an observer, I believe Geely has handled this wisely by maintaining Volvo's independent operations without forced rebranding, instead enhancing both parties' technologies through collaboration, such as sharing electric vehicle platforms. When consumers purchase a car, there's no need to distinguish between imported or domestically produced; it uniformly remains Geely's asset, yet the quality of original imported vehicles remains reliable, with unchanged safety systems and eco-friendly designs. This shift reflects the global automotive industry's consolidation trend, demonstrating that Chinese companies can now lead in managing premium brands.

[Michael]

Yes, imported Volvo is owned by Geely. Geely acquired it back in 2010. My friend bought an imported XC40 last year, and the dealers all confirmed it's under Geely. There's not much difference when buying imported cars - they remain equally safe and comfortable after Geely's takeover, except the ownership now belongs to China. Some components might be manufactured in China, but imported vehicles remain reliable overall. I think it's good for the brand - Geely's investment brought technological updates, better cost control, and slightly more affordable prices. As a consumer, I've never worried about quality issues.