Why Do Volvo Cars Not Hold Their Value?

[LaReese]

Volvo cars have a low resale value primarily due to their limited ownership volume and lower brand recognition compared to other mainstream luxury car brands. Below are detailed explanations regarding this: 1. Introduction One: The Chinese name is now uniformly referred to as "Volvo," although it was once known as "Fuhao" in Chinese. 2. Introduction Two: The brand logo consists of the letters "Volvo," an iron ring, and a diagonal line. The outer iron ring symbolizes the renowned Swedish steel industry, the arrow on the ring is the symbol of Mars, the Roman god of war, and the diagonal line running through the top and bottom is used to secure the ring to the front grille.