• ForgotAboutDre@lemmy.world
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    2 days ago

    Volvo made aircraft engines for SAAB at one point. It makes sense when you account for the size of Sweden and the complexity of an aircraft that it’s a big challenge for one business or nation to build alone.

      • Bob@feddit.org
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        2 days ago

        Volvo Group is a Swedish company. And as fas as I know, a plurality of voting shares are still owned by Swedish companies. Geely does have a sizable stake, though. (14.7% of voting shares.)

        Volvo Cars is a wholly owned subsidiary of Geely, and is 100% a Chinese company.