Volvo Group - sells trucks - publicly traded - Swedish
Volvo Cars - sells cars - not publicly traded - 100% owned by Geely (Chinese)
Volvo Cars ≠ Volvo Group
Geely owns around 79% of the shares, with the rest split up between pension funds and private equity.
Geely owns around 79% of the shares, with the rest split up between pension funds and private equity.