Is Volvo Trucks Owned by Geely?
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Volvo Trucks is owned by Geely. Geely has completed the acquisition of Volvo. Development: Geely Automobile Group is a subsidiary of Zhejiang Geely Holding Group, headquartered in Hangzhou, Zhejiang, China. It has established vehicle and powertrain manufacturing bases in Taizhou/Ningbo in Zhejiang, Xiangtan in Hunan, Chengdu in Sichuan, Baoji in Shaanxi, Jinzhong in Shanxi, and other locations, as well as overseas factories in Belarus and other countries and regions. Geely Automobile Group is a leading automobile manufacturer in China, striving to become the most competitive and respected Chinese automotive brand. Logo Meaning: The new logo of Geely Automobile brand continues the design concept of six gemstones from the brand's 3.0 era, taking the expanding universe as the design source, integrating silver starlight, deep space gray, and earth blue. It showcases Geely Automobile's upgrade from the blue sky and earth of the brand's 3.0 era to the pursuit of the vast universe.