[VoxPelli]

Volvo Cars AB is a publicly traded Swedish company traded on the Stockholm stock exchange.

They have to comply with all relevant Swedish laws for a public Swedish company and all requirements imposed by the Stockholm stock exchange.

Geely Holding owns 82% of Volvo Cars AB according to recent data. Swedish pension companies AMF and Folksam are second and third largest owner with 3.8% and 2.0% of the votes.

So while Geely of course has a massive influence on the company, they can not do whatever they want, they have to abide by the rules and respect the other owners as well, and the other owners are also present on eg the board