News

Why Did Ford Sell Volvo? (And Who Else Has Owned The Company?)
The Ford Motor Company sold Volvo in 2010 to Geely, a Chinese company, because Volvo wasn't selling as well as expected ...
Car brand now owned by Chinese company to axe 3k jobs amid 'challenging period'
The company's chief executive warned automotive industry is in "the middle of a challenging period" after confirming the news ...
Chinese-owned Volvo Cars set to axe 3,000 jobs amid 'challenging period'
Volvo Cars, which is based in Gothenburg, Sweden but owned by Chinese company Geely Holding, said the automotive industry is ...
Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last ...
This is Money2mon
Major car maker partners with Swedish flat-pack EV brand - and no, it's not Ikea
Need a small, affordable car for whizzing around town? How does £8,500 sound for a brand new one? The only catch is you might need to build it yourself... Well, not exactly. Swedish flat-pack ...