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michaelscott 2 hours ago

It does with Volvo, although I couldn't say how big it is relative to global industry. Within Europe it's a large player

lambdasquirrel 26 minutes ago | parent | next [-]

Volvo is complicated. Basically a lot of these smaller companies and countries realized there was no way they could make the economics work with the cost of electronics and software-related R&D being what they are. So they sold to larger players. But design and final assembly still happens in Gothenburg for high-end models that are typically destined for the EU market. The US now manufactures the SUVs.

distances 2 hours ago | parent | prev | next [-]

Scania is Swedish, too.

an hour ago | parent | prev | next [-]
[deleted]
sedatk 2 hours ago | parent | prev [-]

A Chinese company owns Volvo since 2010 or so.

jwandborg an hour ago | parent | next [-]

Volvo Cars is still headquartered in Sweden, and employ 22.4k people in Sweden out of 40k globally[1].

Given that the market for Volvo is global, it seems to me that Volvo Cars is still overwhelmingly Swedish, while at the same time being overwhelmingly controlled by Geely.

[1]; https://www.svt.se/nyheter/lokalt/vast/1000-personer-far-lam...

turtlesdown11 2 hours ago | parent | prev [-]

The car part of Volvo is owned by Geely, Volvo AB makes trucks, buses, etc.

https://en.wikipedia.org/wiki/Volvo