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On 28 March 2010, Ford sold Volvo Cars at a loss to Geely Holding for $1.8 billion; the deal closed in August 2010. [4] [5] Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021, though Geely Holding still retains majority ownership. Volvo Cars and AB Volvo share the Volvo logo, and cooperate in running the Volvo Museum.
Mid-size car/Entry-Level Luxury car/Compact executive car: Station wagon: V60: 2018 - Mid-size car/Entry-Level Luxury car/Compact executive car: V90: 2016 - Full-size car/Executive car/Mid-size Luxury car: Crossover SUV: EC40: 2021 - Battery electric subcompact: EX30: 2023 - Battery electric subcompact: EX40: 2019 2022 Battery electric ...
Volvo Car Charleston Plant Volvo Car US Operations (VCCH) 7JR [19] G [19] Ridgeville, South Carolina, United States: 2018–present [20] First Volvo Car plant in the United States [21] Manufacturing [21] S60 (2019–2024) EX90/ Polestar 3: Worldwide: Produced SPA-based S60 model [21] Luqiao Plant (CMA Super Factory) Zhejiang Kingkong Automobile ...
Volvo Cars—the motor vehicle manufacturer of Sweden. Owned by the Swedish Volvo Group (1927−1999), American Ford Motor Company (1999−2010), and Chinese Zhejiang Geely Holding Group (2010−present).
The first Volvo car, a Volvo ÖV 4, left the assembly line on 14 April 1927. The brand name Volvo was originally registered as a trademark in May 1911, with the intention to be used for a new series of SKF ball bearings. It means "I roll" in Latin, conjugated from "volvere". The idea was short-lived, and SKF decided to simply use its initials ...
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According to Geely designer Peter Horbury, the intention was "to position it between Volvo and Geely as a so-called 'near premium' brand". [10] In August 2017, Zhejiang Geely Holding, Geely Automobile Holdings and Volvo Car Group signed an agreement at Geely Auto's Hangzhou Bay R&D Center to establish the Lynk & Co joint venture. Under this ...
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