Volvo Car Corp. (commonly known as Volvo Cars) is a Swedish multinational manufacturer of luxury vehicles, headquartered in Torslanda, Gothenburg, Sweden. Founded in 1927, Volvo Cars was part of AB Volvo until 1999 when it was sold to Ford Motor Company. Since 2010, Volvo Cars has been owned by the Chinese automotive company Geely Holding Group, though it maintains operational autonomy. Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021. As of 2026, the company has approximately 39,800 employees globally and a trailing 12-month revenue of $36.8 billion as of March 31, 2026.
Volvo Cars specializes in designing, manufacturing, and selling luxury SUVs, wagons, and sedans, with a strong emphasis on safety, innovation, and sustainability. Their product lineup includes fully electric, plug-in hybrid, and mild hybrid models. Major models include the XC40, XC60, XC90, S90, and V60. The company operates production plants in various countries including Sweden, Belgium, China, and the United States. Volvo Cars also holds stakes in the electric performance brand Polestar and software companies like Zenseact and HaleyTek.
Volvo Car Corp. appears to operate as a defendant in patent litigation, with a single tracked case in the US District Court for the Eastern District of Texas. This indicates a posture of an operating company defending against patent infringement claims.
The company is currently a defendant in Longhorn Automotive Group LLC v. Volvo Car Corp. et al., filed on July 31, 2024, in the US District Court for the Eastern District of Texas.