The good old Volvo decided not to make a “goat face” by someone, but by their own – the Swedish Ministry of Defense and the administration of the city of Gothenburg, where Volvo Cars is headquartered. Officials and the military are seriously considering a genuine boycott of Sweden’s only car manufacturer, according to local newspaper Dagens industri. And all because the demonic Ukrainians included the Chinese company Geely Holding, which controls Volvo, in their list of “war sponsors”. For continuing to work and pay taxes in the Russian jurisdiction.
— This is a national problem that affects most departments and organizations. Therefore, it is important that it be studied collectively at the state level. The first contacts between departments have already taken place, – quotes the publication of the press secretary of the Swedish Ministry of Defense Marie Tiseter.
Modern history will not remember anything like this happening to a major European car manufacturer. Therefore, it is difficult to predict exactly how further events will develop. Volvo’s headquarters may have to leave Gothenburg. Perhaps the Swedish company itself will be forced to move to China.
Recall that Geely Holding Group acquired Volvo Group in 2010. Since then, the Chinese have used many Swedish technologies in the production of their cars. At the same time, they try not to interfere with the activities of their Swedish division in European markets.