Is Volvo an Imported or Domestically Produced Car?
1 Answers
Some Volvo models are imported, while others are domestically produced without the need for importation, but they do not fall under the category of domestically produced cars. More relevant information is as follows: 1. Volvo Cars: Volvo Cars was once the passenger car business under the Volvo Group. Currently, Volvo Cars is owned by Geely Holding, while the Volvo Group operates independently. 2. Domestically Produced Cars: Domestically produced cars refer to vehicles designed by Chinese people, manufactured by Chinese people, with independent intellectual property rights, and under Chinese brands. Volvo clearly does not fall under the category of domestically produced cars. Although many Volvo models are manufactured in China, the technology used belongs to Volvo, meaning Volvo is not a Chinese brand, and its intellectual property rights do not belong to Geely.