Is Volvo Owned by Volkswagen?
1 Answers
Ford Motor Group. Volvo is a Swedish car brand that was acquired by Ford in the 1990s. More information about Volvo is as follows: 1. History: Volvo started as a car manufacturer, and its founders, Swedes Gustaf Larson and Assar Gabrielsson, originally worked for the famous Swedish ball bearing manufacturer SKF. Larson was an engineer, while Gabrielsson was an international marketing manager with a background in economics. 2. Introduction: Volvo is divided into Volvo Cars and Volvo Group. Volvo Cars is under the Geely Group, with its headquarters in Shanghai and vehicle factories in Chengdu and Daqing. The truck, bus, and construction equipment businesses of Volvo Group are controlled by the Volvo Group and are not related to the Geely Group.