Surging Financial News
On October 29, 2021, Volvo Cars announced its official listing on the Stockholm Stock Exchange in Sweden, part of the NASDAQ Group. Volvo Cars issues Class B ordinary shares at SEK 53 per share under the trade symbol "VOLCAR B".
It is reported that on March 28, 2010, Geely Holding Group signed a 100% equity acquisition agreement with Ford Motor Group for Volvo Cars.
Li Shufu, Chairman of Geely Holding Group and Chairman of Volvo Cars, said: "Geely Holding Group will continue to write the success story of Volvo Cars' global development as a major shareholder, continue to increase investment in Volvo Cars' R&D and innovation, strengthen talent training, give full play to the effect of Geely Holding Group's technology ecosystem, promote its brands to serve their respective market segments, respect each other, develop in synergy, occupy the commanding heights of technology, and unswervingly support the sustainable development of Volvo Cars, a legendary brand." ”
From January to September this year, Volvo Cars sold 531,000 units worldwide, up 17.6% year-on-year. (The Paper's reporter Wu Yuli)
Editor-in-Charge: Wu Yuli
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