Is Volvo owned by Chinese investors?

Yes. The main passenger-car company, Volvo Cars, is owned by the Chinese automotive group Zhejiang Geely Holding, which acquired it from Ford in 2010 and remains its controlling owner.gunthervolvocarsdaytona+2​

Volvo Cars vs. Volvo Group

• Volvo Cars (the brand on consumer vehicles) is a Swedish-headquartered company whose parent is Geely Holding, a privately held Chinese conglomerate.volvocars+1​

• AB Volvo (Volvo Group), which makes trucks, buses, and construction equipment, is a separate publicly traded Swedish company in which Geely is a major but non‑controlling shareholder.wikipedia+1​

Practical implications

• Design, engineering, and corporate headquarters for Volvo Cars remain in Gothenburg, Sweden, but strategic ownership and investment control sit with Geely in China.gengrasvolvohartford+2​

• So if the question is whether Volvo is “Chinese‑owned,” the car company is controlled by a Chinese parent, while the heavy-vehicle Volvo Group is only partly owned by Chinese investors.wikipedia+1​

1. https://www.reddit.com/r/Volvo/comments/m09tmu/what_do_you_think_of_volvos_chinese_ownership/
2. https://www.volvocars.com/intl/media/press-releases/23177D5CB247073F/
3. https://en.wikipedia.org/wiki/Geely
4. https://www.gunthervolvocarsdaytona.com/where-are-volvo-cars-made.htm
5. https://www.gengrasvolvohartford.com/blog/2025/march/11/who-owns-volvo.htm
6. https://www.volvocars.com/en-ca/media/this-is-volvo-cars/
7. https://www.youtube.com/watch?v=x7Icj22UGYM
8. https://www.cnbc.com/2023/11/17/volvo-shares-tumble-to-record-low-as-parent-company-sells-shares.html