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Volvo is owned by Swedish company AB Volvo which manufactures products such as trucks, buses, construction equipment, drive systems for marine and industrial applications, and components for aircraft engines. Volvo was incorporated in 1915 as a subsidiary of AB SKF, the auto manufacturer was officially founded on 14 April 1927.
Leif Johansson is the president of Volvo Group since 1997 and Louis Schweitzer is the current chairman of this company.
China's Geely now owns Swedish carmaker VolvoUpdated 8/2/2010 12:42 PM | 18 Comments | 2 RecommendE-mail | Save | Print | EnlargeBy Wu Wei, APGeely Holding Group Chairman Li Shufu speaks during a news conference in March after a signing ceremony to buy Volvo from Ford.
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By Joe Mcdonald, AP Business Writer
BEIJING - Geely Holding Group completed its acquisition of Ford Motor Co.'s Volvo unit Monday in a $1.5 billion deal that gives the small but ambitious Chinese automaker a global brand and huge management challenges.
The legendary Swedish automaker is China's biggest foreign auto acquisition and an unusually large deal for a private Chinese company.
Industry analysts say 13-year-old Geely, barely known abroad, will face a struggle in integrating the two corporate cultures and turning around Volvo Cars, a perennial money-loser in a country with strong labor unions.
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Who owns Volvo heavy truck and engines?
Volvo A.B. and its shareholders.
Who makes Volvo's?
Volvo is made by Volvo. While Geely of China owns the controlling stock the cars are still produce by Volvo in Sweden and other European countries
Who owns Renault trucks?
volvo group
Who owns Volvo company?
ford motor co
What car company owns Volvo?
Geely Automobile
Do Ford Company owns Volvo?
At one time they did own Volvo. Ford sold Volvo to Geely Automobile of China in July 2010.
Who owns Volvo cars?
Zhejiang Geely Holding Group
Who owns Volvo trucks?
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.
Does mack own Volvo?
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.
What car companies does Ford own?
Ford owns Jaguar (-30%), Land Rover (-50%), Aston Martin (-%10), Lincoln, Mercury, Volvo (-70%), and Mazda (-40%). I'm not quite sure of those percentages, nor am I sure if Ford owns 100% owns Lincoln and Volvo, but there's the basic gist of what Ford owns now. The above answer is incorrect. Ford has sold Jaguar, Volvo, & Land Rover. They now only own 25% of Mazda. Mercury was dropped by Ford beginning with the 2011 model year. It is now Ford, & Lincoln.
What is the owners name that owns mack truck?
Mack is owned by a corporation - AB Volvo, which, in turn, is owned by its shareholders.
Who owns mack trucks?
Volvo bought mack trucks back in 2006 and discontinued using mack engines in 2007
