it's the other way around - Volvo A.B. owns Mack Trucks. Mack was previously owned by the French company Renault. When Volvo bought out Renault, they subsequently acquired ownership of Mack.
Renault bought Mack from its prior owners, and then Volvo bought Renault.
volvo group
Renault received a 15 percent stake (worth more than $1.5 billion) in Volvo, and Volvo became Europe's top producer of heavy trucks and was second in the world only to Daimler-Chrysler.
Volvo trucks are solely owned by Volvo. Only the car division is owned by Ford.Answer #2Volov is owned by its shareholders. Currently the largest shareholder of Volvo is the Renault Corporation which ownes 20% of all of Volvo's shares.
The Renault Master Van was first manufactured in 1980. The van was produced by a French manufacturer named Renault. It was originally sold by Volvo as the B90 and B110.
Ive a Volvo v40 diesel 1.9 [Renault engine] could you tell me when the cambelt needs changing?
no
Volvo A.B. (who are also the parent company of Renault and Mack Trucks) and Scania are the two big ones.
AB Volvo, which owns Volvo Trucks, Mack Trucks, Renault Trucks, UD Trucks (formerly known as UD Nissan Diesel), and others.
no Chinese geely does
At one time they did own Volvo. Ford sold Volvo to Geely Automobile of China in July 2010.