Zhejiang , China
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Volvo (Volvo), the famous Swedish luxury car brand, once translated as rich. The brand was founded in gothenburg, Sweden in 1927. In 1999, Volvo group sold its Volvo cars business to ford motor company of the United States.
In 2010, zhejiang geely holding group, a Chinese auto company, bought Volvo's car business from ford and acquired ownership of the brand. On April 8, 2014, Volvo announced that it was suspending an agreement with a Russian company to jointly develop armored infantry fighting vehicles due to the uncertainty caused by the Ukraine crisis.
At the 2017 guangzhou international auto show, Volvo officially unveiled its new XC60 model, which will feature 8 models with T4, T5 and T8 power configurations. [1-2] on December 20, 2017, Volvo's new XC60 was officially listed in chengdu. [3] on July 19, 2018, the fortune global 500 list was released, and Volvo ranked 286th. [4]
In December 2018, the 2018 world brand 500 compiled by the world brand lab revealed that Volvo ranked 228th.
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