[nstj]

TIL that Volvo Cars is owned by a Chinese company and is separate from AB Volvo.

> Volvo Cars was owned by AB Volvo until 1999, when it was acquired by the Ford Motor Company as part of its Premier Automotive Group. Geely Holding Group then acquired Volvo Cars from Ford in 2010.[0]

> Geely (officially Zhejiang Geely Holding Group Co., Ltd) is a Chinese multinational automotive manufacturing company headquartered in Hangzhou, Zhejiang. Its principal products are automobiles, taxis, motorcycles, engines, and transmissions. It sells passenger cars under the Geely and Volvo brands and taxis under the London Taxi brand.[1]

[0]: https://en.wikipedia.org/wiki/Volvo_Cars [1]: https://en.wikipedia.org/wiki/Geely