Which Company Owns Volvo?

By Matthew DiLallo – Updated Nov 13, 2025 at 12:44 PM | Fact-checked by Margo Winton Parodi

Key Points

Volvo aims to be fully electric in the future but is still offering hybrids to bridge customer needs.
Geely Holding, a Chinese corporation, owns a majority in Volvo Cars, which is a separate company from AB Volvo.
Shares of publicly traded Volvo are accessible through the Nasdaq Stockholm and OTC Markets.

Volvo (OTC:VLVO-F) has been manufacturing cars for nearly a century. Its first car rolled off the assembly line in Sweden in 1927. Today, Volvo sells cars in more than 100 countries.

OTC: VLVO.F

Volvo Car Ab (publ.)

Today's Change

(1.64%) $0.06

Current Price

$3.40

Key Data Points

Market Cap

$10B

Day's Range

$3.40 - $3.40

52wk Range

$1.67 - $3.70

Volume

275

Avg Vol

612

Gross Margin

15.24%

Dividend Yield

N/A

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Geely Holding was the sole owner of Volvo until 2021 when it listed the company on the Nasdaq Stockholm stock exchange. As a result, Volvo Car is now a public subsidiary of the Chinese automaker.

Volvo operates fairly independently. It has a board of directors who drive its strategic vision. After the company unveiled plans in 2021 to be a fully electric vehicle brand by 2030, it formed a joint venture with Swedish battery developer and manufacturer Northvolt to build battery manufacturing capacity.

Who are the largest shareholders?

Volvo is a publicly traded subsidiary of Chinese automaker Geely Holding. That company is, by far, its largest shareholder (it held about 78.7% of Volvo's outstanding shares in late 2025). Public shareholders own the rest of the company's stock.

Shareholder

An individual or entity that owns a portion of a company's stock, entitling them to a share of its profits and assets.

Geely has been steadily trimming its stake in Volvo cars. It initially retained an 84% interest in the company following its IPO in 2021. That stake was down to 82% by 2023, then 78.7% after Geely sold another 100 million shares in November 2023.

Geely has been selling off shares to increase Volvo's trading liquidity and offer more opportunities for other investors to participate in the company's long-term strategy of driving value creation by switching over to producing electric vehicles.

Who is on the board of directors for Volvo?

Volvo has a separate board of directors from Geely Holding. The company's board consisted of:

Source: Volvo Car
NAME	ROLE	TENURE
Eric Li (Li Shifu)	Chairperson	Since 2010
Håkan Samuelsson	Board Member	Since 2025
Anna Mossberg	Board Member	Since 2022
Lila Tretikov	Board Member	Since 2021
Daniel Li (Li Donghui)	Board Member	Since 2012
Diarmuid O'Connell	Board Member	Since 2021
Jonas Samuelson	Board Member	Since 2020
Ruby Lu (Rong Lu)	Board Member	Since 2023
Jörgen Olsson	Board Member	Since 2016
Adrian Avdullahu	Board Member	Since 2021
Zara Biske	Board Member	Since 2024
Anna Margitin	Deputy Board Member	Since 2016
Marie Stenqvist	Deputy Board Member	Since 2022

Board of Directors

A group of elected individuals responsible for overseeing the activities of a company and representing shareholders.

How to invest in Volvo

Volvo is a publicly traded company, so you can invest in the stock of the Swedish automaker. Shares trade on the Nasdaq Stockholm stock exchange and on the OTC Markets exchange in the U.S.

Given those listing locations, you'll need to ensure your broker can trade international stocks or those on the OTC market exchange. If not, you must open another brokerage account to invest in Volvo. Here's a list of the best brokers for international trading. After that, follow these steps.

Open your brokerage account: Log in to your brokerage account where you handle your investments.
Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
Submit your order: Confirm the details and submit your buy order.
Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

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About the Author

Matt DiLallo has been a contributing Motley Fool stock market analyst specializing in covering dividend-paying companies, particularly in the energy and REIT sectors, since 2012. He also covers pre-IPO companies, ETFs, and other investing topics. He holds an MBA from Liberty University.

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Matt DiLallo has positions in Ford Motor Company and has the following options: short January 2026 $15 calls on Ford Motor Company. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.