Who owns Volvo?
Volvo
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- Brand origin
- China
- Main production
- Several countries, incl. Sweden
Volvo is a Swedish car brand that makes passenger vehicles, including electric, hybrid and petrol models. Volvo is ultimately owned by Zhejiang Geely Holding Group Co., Ltd., a privately held Chinese company, according to Made O'Meter's ownership data.
volvocars.comOwnership chain
- BrandVolvo (Volvo Cars)China
- Volvo Car AB
- Geely Sweden Holdings AB
- Ultimate ownerZhejiang Geely Holding Group Co., Ltd.China
About Volvo
What is Volvo?
Volvo is a passenger car brand founded in 1927. Volvo Cars has its global headquarters in Gothenburg, Sweden, where the company also carries out product development, marketing and administration. Volvo Cars has been listed on the Nasdaq Stockholm exchange since 2021. Volvo cars are sold in more than 100 countries.
Who owns Volvo?
Volvo is ultimately owned by Zhejiang Geely Holding Group Co., Ltd., according to Made O'Meter's ownership data verified on 13 September 2026. The ownership chain is Volvo, through Volvo Cars, to Volvo Car AB, then Geely Sweden Holdings AB, and finally Zhejiang Geely Holding Group Co., Ltd. Zhejiang Geely Holding Group Co., Ltd. is headquartered in China and is a privately held company. Volvo Cars states that Geely Holding acquired Volvo Cars from Ford Motor Company in 2010.
Where does Volvo come from?
Volvo originated in Gothenburg, Sweden. The first series-produced Volvo car, the Volvo รV4, left the factory in Gothenburg on 14 April 1927. Volvo Cars was part of the Swedish Volvo Group until Ford Motor Company acquired the passenger car business in 1999. Geely Holding acquired Volvo Cars in 2010.
What products does Volvo make?
Volvo makes passenger cars with fully electric, plug-in hybrid and petrol powertrains. Current Volvo models include the EX30, EX40, EX90, EC40, XC40, XC60, XC90, S60, S90 and V60, with availability varying by market. Volvo Cars also has an 18 percent stake in Polestar, an electric performance car brand.
Where are Volvo cars made?
Volvo cars are produced in Gothenburg, Sweden, Ghent, Belgium, Charleston in the United States, and Chengdu, Daqing and Taizhou in China. Volvo Cars also has research and development and design centres in Gothenburg and Shanghai.
Frequently asked questions about Volvo
Is Volvo a Swedish or Chinese brand?
- Volvo originated in Sweden and has its global headquarters in Gothenburg, Sweden. Volvo is ultimately owned by Zhejiang Geely Holding Group Co., Ltd., a Chinese company.
Does Geely own Volvo Cars?
- Yes. Zhejiang Geely Holding Group Co., Ltd. owns Volvo Cars through Geely Sweden Holdings AB. Geely Holding acquired Volvo Cars from Ford Motor Company in 2010.
Are all Volvo cars electric?
- No. Volvo offers fully electric, plug-in hybrid and petrol passenger cars. The available powertrains depend on the model and market.
Where are Volvo cars manufactured?
- Volvo cars are manufactured in Sweden, Belgium, the United States and China. Volvo Cars lists production sites in Gothenburg, Ghent, Charleston, Chengdu, Daqing and Taizhou.
What is the difference between Volvo Cars and Volvo Group?
- Volvo Cars makes passenger cars. Volvo Group is a separate company focused on commercial vehicles and related transport products. The Volvo name is shared through Volvo Trademark Holding AB.
Sources: volvocars.com: this is volvo cars, en.wikipedia.org: Geely, volvocars.com: F712ECBA3C941790, volvocars.com: our story, en.wikipedia.org: Volvo Cars, volvocars.com: E5C53C45D24D86E9, volvocars.com: 8538DA2146FD0F60, volvocars.com: this is volvo cars
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Sources: en.wikipedia.org, volvocars.com
Ownership data is compiled from public sources and verified where possible. Spotted an error? Suggest a correction below.
Products from Volvo
25- Volvo carAutomobile โ Passenger Vehicle
- Volvo V70 / XC70 WagonVehicle โ Station Wagon / Estate Car
- Volvo Car Key FobAutomotive accessory โ Key fob
- Volvo XC60 SUVAutomobile โ Compact Luxury SUV
- Volvo Trucks (Volvo lastvagnar)Transportation โ Heavy-duty Trucks and Commercial Vehicles
- Volvo XC90 SUVVehicle โ Luxury SUV
- Volvo V70 wagonVehicle โ Station Wagon
- Volvo passenger vehicleOther โ Automotive vehicle
- Volvone vehicle seriesLuxury automobile โ Sport Utility Vehicle/Sedan
- Volvo XC60 infotainment systemOther โ Automotive Infotainment System
- Volvo passenger carVehicle โ Passenger automobile
- Volvo S60Automotive โ Luxury compact sedan
- Volvo PV444/PV544 automobileVehicle โ Vintage Passenger Car
- Volvo EX40 electric SUVOther โ Automotive: Electric SUV
- Volvo XC70Automotive โ Mid-size luxury crossover wagon
- Volvo XC90Vehicle โ Luxury SUV
- Volvo V60Vehicle โ Compact Executive Estate (Station Wagon)
- Volvo EX90 electric SUVAutomobile โ Electric SUV
- Volvo V40 Cross CountryAutomotive โ Compact luxury hatchback
- Volvo XC40 Recharge Compact SUVOther โ Automotive (Electric SUV)
- Volvo P1800 automobileOther โ Automobile
- Volvo TruckCommercial Vehicles โ Heavy Duty Trucks
- Volvo XC40Vehicle โ Compact Luxury SUV
- Volvo XC series SUV and sedansVehicle โ Automobile
and 1 more products