Volvo Cars is manufactured by Volvo Car AB, a Swedish company headquartered in Torslanda, Gothenburg, Sweden. However, the ownership of Volvo Cars currently belongs to Zhejiang Geely Holding Group, a Chinese multinational automotive company based in Hangzhou, China, which acquired Volvo Cars from Ford Motor Company in 2010
. Volvo Cars operates production facilities worldwide, including in Sweden (Torslanda, Olofström, Skövde, Floby), Belgium (Ghent), China (Daqing, Chengdu, Luqiao), and the United States (Ridgeville, South Carolina). These plants produce various Volvo models for different markets, maintaining Volvo's Swedish heritage and design while leveraging Geely's technological and manufacturing capabilities
. In summary:
- Volvo Cars is made by Volvo Car AB, a Swedish company.
- The brand is owned by the Chinese company Zhejiang Geely Holding Group.
- Manufacturing occurs in Sweden, Belgium, China, and the USA, among other locations