Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales to customers in more than 100 countries. As the only Chinese-owned premium car brand, Volvo Cars has grown from a Swedish brand to a truly global enterprise since its acquisition by China's Zhejiang Geely Holding Group in 2010. Headquartered in Gothenburg, Sweden, Volvo Cars has an overall presence in Europe, the Americas and Asia-Pacific, ranging from design, R&D, manufacturing to sales and after-sales, with over 43,000 employees worldwide.