Volvo Cars
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 Volvo Cars facts

• It is a wholly owned subsidiary of Zhejiang Geely Holding Group of China
• Volvo Car Corporation was originally founded as a subsidiary of the ball bearing maker SKF
• When Volvo AB was introduced on the Swedish stock exchange in 1935, SKF sold most of the shares in the company
• Volvo Cars was owned by AB Volvo until 1999, when it was acquired by the Ford Motor Company as part of its Premier Automotive Group
• Geely Holding Group then acquired Volvo Cars from Ford in 2010
• Volvo Cars manufactures and markets sport utility vehicles, station wagons, sedans, compact executive sedans, and coupes
• With approximately 2,300 local dealers from around 100 national sales companies worldwide, Volvo Cars' largest markets are the United States, Sweden, China and Belgium
• In 2011, Volvo Cars sold 449,255 cars globally, an increase of 20
• 3% compared to 2010