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Is Volvo wholly owned by Geely?

2 Answers

DeKaylee

09/04/25 2:53am

Volvo is not wholly owned by Geely. Below is relevant information about Volvo: Origin: In 1999, Volvo Group sold its Volvo Cars division to Ford Motor Company of the United States. In 2010, Chinese automaker Zhejiang Geely Holding Group acquired Volvo Cars from Ford and obtained ownership of the Volvo Cars brand. Logo Meaning: The name "Volvo" first appeared on a SKF ball bearing and was officially registered as a trademark with the Swedish Royal Patent and Trademark Office. From that day forward, every set of automotive ball and roller bearings produced by SKF bore the new Volvo logo on their sides.

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DylanRose

09/16/25 4:05am

As a car enthusiast, I've been following this matter for a long time. Volvo Cars is indeed wholly owned by Geely, which acquired it from Ford in 2010. That acquisition was crucial, reportedly costing $1.8 billion to secure full brand ownership. I think Geely used this approach to rapidly expand into international markets. For example, the later-launched XC series SUVs became extremely popular in China, and they shared many safety technologies. However, it's important to note that this doesn't include Volvo Group's commercial vehicle division, only the passenger car segment. On car forums, some people worry that the acquisition might affect quality, but in reality, Geely has allowed it to operate more independently, actually boosting global sales. If you want more detailed information, you can check Geely's annual reports or search for acquisition records on their official website. As a fan, I think this deal was executed brilliantly, making Chinese automakers stronger.

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