Who Owns Volvo?
If you’re considering one of the new Volvo vehicles in Schaumburg, you might be wondering who owns Volvo. The brand, which was founded by Assar Gabrielsson and Gustaf Larson, used to be owned by Ford Motor Company, but they were bought by a Chinese company and now the Volvo owner is Zhejiang Geely Holding Group, as of 2010. Despite the ownership changes, Volvo continues to make some of the safest and most dependable cars on the road.
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