Volvo Cars, born in Sweden in 1927, is a global car company selling cars in about 100 countries, and Volvo Car Korea is the national sales company in South Korea. Volvo Cars is listed on the Nasdaq Stockholm and traded under the stock named “VOLCARB.”

All the product development, marketing and operational management functions of Volvo Cars are located in Gothenburg, Sweden, including the headquarter. Production facilities are in Gothenburg(Sweden), Ghent(Belgium), South Carolina(USA), and etc.

The object of Volvo Cars is to offer customers the freedom to move sustainably and safely for a better future. It reflects our ambition to become a climate-neutral company by 2040 with a commitment to transitioning to electric vehicle manufacturers by 2030 and continuing to reduce our carbon footprint.

Volvo Cars Group recorded global sales of 708,716 units in 2023, up 15% year-on-year, while Volvo Cars Korea also recorded its highest ever domestic sales, up 18% year-on-year to 17,018 units.