Who owns Volvo Cars?
Volvo Cars is owned by Geely (China), which has owned the brand since 2 August 2010.[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Key facts
- Current owner
- Zhejiang Geely Holding Group reported
- Owned since
- Previous owner
- None recorded
- Owner HQ
- 🇨🇳 China, Hangzhou
- Origin
- 🇸🇪 Sweden, Gothenburg
- Founded
- 1927
- Category
- Automotive › Cars › Luxury cars
- Last verified
- · 1 sources
About Volvo Cars
Volvo Cars invented the three-point seatbelt in 1959 and gave the patent away, an act credited with saving more than a million lives. Geely bought it from Ford in 2010 for $1.8 billion, and it is entirely separate from the Volvo truck company.
Ownership timeline of Volvo Cars
Where Volvo Cars sits in Geely
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Geely ownership tree →
Other brands owned by Geely in automotive
Latest news about Volvo Cars
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Frequently asked questions
Who is the parent company of Volvo Cars?
The parent company of Volvo Cars is Geely, a privately held company headquartered in China.
Is Volvo Cars owned by Ford?
No. Volvo Cars is owned by Geely, not Ford.
Is Volvo Cars Swedish or Chinese?
Volvo Cars originated in Sweden in 1927, but it is owned today by Geely, which is headquartered in China. So Volvo Cars is a Swedish-origin brand under Chinese ownership.
Since when has Geely owned Volvo Cars?
Geely has owned Volvo Cars since 2 August 2010.
Is Volvo Cars still owned by Geely?
Yes. As of 16 September 2026, Volvo Cars is still owned by Geely. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Zhejiang Geely Holding Group — about us — Zhejiang Geely Holding Group, Official document; retrieved 16 September 2026.
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