For many consumers, Volvo is an automotive brand that for almost 90 years has been synonymous with well-engineered vehicles designed, first and foremost, with the safety of the driver and any passengers in mind. Times—however have changed. While engineers continue to ensure that every Volvo is as safe as it can be, along the way, Volvo’s became less boxy-looking, more streamlined with much more “curb” appeal to drivers and consumers the world over. And here’s a fact that may have escaped the notice of many: Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010 when they acquired the iconic brand from the Ford Motor Company of the United States.
Now employing more than 25,000 people all over the world, Volvo Cars’ product development, marketing, and administration functions are still mainly located in Gothenburg, Sweden. Volvo Cars head office for China is located in Shanghai while the company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), and Chengdu (China). Engines are manufactured in Skövde (Sweden) and Zhangjiakou (China), and body components in Olofström (Sweden).
