Volvo Cars, which was launched in 1927 on the Gothenburg production line in Sweden, initially made its name in the market with the production of marine engines, truck engines, and passenger car engines. By the 2000s, it had become a competitor to German giants such as BMW, Mercedes, and Audi.
| Country | Sweden |
|---|---|
| Country Flag |  |
| Founded | April 14, 1927 |
| Founders | Assar Gabrielsson, Gustav Larson |
| Industry | Automotive |
| Number of Employees | 95,850 (2021) |
Which Country Is Volvo From?
Although founded by Assar Gabrielsson and Gustav Larson in Gothenburg, Sweden, Volvo was sold to Ford Motor Company in 1999 and then to Chinese Geely Company in 2010.
Who Owns Volvo?
Volvo Cars, founded by Assar Gabrielsson, Gustav Larson, and SKF Company, has been under the leadership of Li Shufu since its acquisition in 2010. On October 19, 2012, Håkan Samuelsson took over as Chairman of the Board and continues in that role today.
Where Is Volvo Manufactured?
Volvo Cars continues to manufacture truck, car, and passenger vehicle engines primarily in Sweden, Belgium, and the United States, among many other countries.
Volvo Models
- XC 90
- XC 40
- S90
- S80
- S70
- S60
- S40
- C70
- C30
