Who is the real owner of Volvo?

The real owner of Volvo is Chinese automaker Geely. The company acquired the Swedish automaker from Ford in 2010 for $1.8 billion. While Volvo completed an initial public offering in 2021, it remains a public subsidiary of Geely, which owns a majority stake in the company (78.7% at the end of 2025).

Why did Ford sell Volvo?

Ford sold Volvo to Geely Holding in 2010 for $1.8 billion, a significant loss considering Ford paid over $6 billion for the brand in 1999. Ford sold Volvo because it had shifted its focus to its core brands following the 2007–2009 financial crisis. The automaker also sold its luxury brands, Jaguar and Land Rover, the prior year to Tata Group.

Does GM still own Volvo?

GM (NYSE:GM) does not own Volvo. It never has owned the Swedish automaker. Ford owned Volvo from 1999 until 2010 when it sold the company to Chinese automaker Geely. It's now a publicly traded subsidiary of that company.

When was Volvo sold last?

Volvo last sold in 2010 when Chinese automaker Geely bought the Swedish automaker from Ford. Geely still owns a majority stake in the company. However, in 2021, Geely completed an IPO of a minority stake and has been selling down its interest in the Swedish automaker.

Who Owns Volvo (VLVO.F)? | The Motley Fool

Which Company Owns Volvo?

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.

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OTC: VLVOF

Volvo Car Ab (publ.)

Today's Change

(0.00%) $0.00

Current Price

$2.41

Key Data Points

Market Cap

$7.1B

Day's Range

$2.41 - $2.41

52wk Range

$1.67 - $3.70

Volume

11K

Avg Vol

392

Gross Margin

14.84%

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Shareholder

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

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Source: Volvo Car

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Board of Directors

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

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Who Owns Chrysler?

Chrysler is owned by multinational automaker Stellantis N.V., which also owns Dodge, Jeep, and Ram.

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Which company owns Volvo: FAQ

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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.