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Collaboration between Volvo Cars and its parent company Geely: Polestar (2017–present) Geely through Volvo Cars in 2015 (1996–2017) as tuner and racing team Scania AB (1911–present) Traton of Volkswagen Group: Volvo Group (1927–present) [1] Volvo Cars (1927–present) Geely (2010–present) Acquired by Ford from Volvo Group in 1999 ...
Koenigsegg develops and produces most of the main systems, subsystems and components needed for its cars in-house instead of relying on subcontractors. [8] In January 2019, Koenigsegg sold a 20% stake in the company to Swedish electric car manufacturer (Egstrand & Lundgren), National Electric Vehicle Sweden (NEVS), for US$171 million. [9]
Volvo Car AB, [2] trading as Volvo Cars (Swedish: Volvo personvagnar, styled VOLVO in the company's logo) is a Swedish multinational manufacturer of luxury vehicles. Volvo is headquartered in Torslanda, Gothenburg. The company manufactures SUVs, station wagons, and sedans.
Polestar's showroom in Oslo, Norway. In October 2017, Volvo Cars and Geely Holding announced that Polestar would become a standalone brand focusing on electric cars. [27] The brand introduced the Polestar 1 on 17 October 2017, a 2+2 coupé inspired by Volvo's Concept Coupé introduced in 2013, which includes influences from the Volvo P1800.
“When it comes to luxury car brands, a few names stick out amongst the rest,” said Austin Faro, a mechanic with a decade of experience. “Mercedes, BMW and Audi have led the charge for ...
In 2009 Ford sold Volvo Cars to Chinese Zhejiang Geely Holding Group. Volvo Cars is the first western automotive manufacturer owned by a Chinese company. [14] In 2008 General Motors (GM) decided to either sell or, if no suitable buyer turned up, kill off Saab Automobile. First prospective buyer was Swedish supercar manufacturer Koenigsegg.