Volvo Cars
Volvo Cars designs, builds and sells premium electrified cars under the Volvo brand in more than 100 countries, with safety as its founding idea and a growing share of fully electric and plug-in hybrid models.
A Chinese group owns almost four-fifths of this Swedish brand.
Geely bought Volvo Cars from Ford in 2010 and now shares platforms and parts with it.
How big is Volvo Cars?
Mostly new cars.
- New cars70%SEK 250.5B
- Parts and accessories11%SEK 38.8B
- Used cars9%SEK 32.5B
- Contract manufacturing3%SEK 10.2B
- Other7%
Build where we sell, share with Geely.
- 1Safety-first electrified cars
- 2Plants in each region
- 3Hardware with Geely
Regional plants and shared Geely parts aim to cut tariff, freight and development costs.
- Geely Sweden Holdings AB78.7%
- Other shareholders15.8%
- AMF Pension & Funds3.5%
CEO: Håkan Samuelsson
- 1927First Volvo car
- 1959Three-point safety belt
- 1999Acquired by Ford
- 2010Geely buys Volvo Cars from Ford
- 2017Electrification strategy announced
Every number on this page comes from Volvo Cars's own reports.
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