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.
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...