Volvo has been in operation since 1927. Today, Volvo Cars is one of the most well-known and respected car brands in the world with sales of 571,577 cars in 2017 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. It formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Company of the US. In 2010, Volvo Cars was acquired by Geely Holding.

In 2017, Volvo Cars employed on average approximately 38,000 full-time employees. Volvo Cars head office, product development, marketing and administration functions are mainly located in Gothenburg,Sweden. The company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), Chengdu, Daqing (China) and Charleston (USA).

Latest Volvo news

  1. “Target-driven”

    Date: 16/11/2018
    Volvo Cars no longer defines itself as a car manufacturer but as a mobility provider. This is the core of its Vision 2020 plan, which lays out ambitious but concrete targets. “This target-driven mentality is something that we also see at Vlerick”, remarks Wim Maes, Managing Director of Volvo Car Belux.
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