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What is the relationship between Volvo and Wei Chai?
Volvo has nothing to do with Wei Chai, but two different companies.

Weichai Power Co., Ltd. is a modern enterprise system established by the former Weifang Diesel Engine Factory (transformed into "Wei Chai Holding Group Co., Ltd." in August 2007) and domestic and foreign investors. It is the first enterprise in China to list H shares in Hongkong and return to the Mainland to realize the A-share re-listing, and it is the largest automobile parts enterprise group in China.

Volvo, a famous Swedish luxury car brand, was once translated into Regal. The brand was founded in Gothenburg, Sweden, 1927. 1999, Volvo Group sold its Volvo car business to Ford Motor Company. 20 10 Zhejiang Geely Holding Group, a China automobile enterprise, acquired the Volvo car business from Ford and obtained the ownership of the Volvo car brand.

Extended data

Development of Volvo:

2065438+On May 22, 2005, S60Inscription, a luxury car produced by Volvo Car Chengdu Factory, officially rolled off the assembly line and began to be shipped to the United States. This is the first luxury car made in China and exported to the United States.

20 17 On April 2, the first batch of 4 10 Volvo S90 luxury cars manufactured by Heilongjiang Daqing Volvo Automobile Manufacturing Co., Ltd. will be exported to the United States by freighter in Tianjin Port.

In 20 18, Volvo Car Group set a new global sales record. This is the fifth consecutive year that Volvo Cars has set a global sales record, and it is also the first time in history to break through the 600,000-vehicle mark.

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