Who owns Waylands Volvo?
Founded in 2017, family-owned and operated Waylands was started by its CEO John O’Hanlon, with its first dealership opening in Reading. Waylands commenced business in November 2017 with its first franchise, Volvo in Reading. The company aims to grow steadily to achieve sufficient scale to compete with the industry’s biggest players but to maintain representation that has the feel and culture of a local dealership.
Is Volvo still Chinese owned?
Renowned for their years of leadership in automotive safety, Volvo Cars was purchased by the Ford Motor Company and remained part of their Premier Automotive brands from 1999 to 2010. The automaker is now owned by Geely Automobile, a major automotive brand based in China. While Volvo is currently owned by Geely Automobile, the main headquarters and production plants still reside in Sweden. That said, the Volvo brand continues to grow, adding production and manufacturing plants worldwide.Until 2014, Volvo Cars used some engines of its own and others from Ford. Now, however, the Volvo Engine Architecture (VEA) set of engines is found in all Volvo vehicles. This family of three- and four-cylinder engines are entirely designed by the Scandinavian company.With proper care and routine maintenance, Volvos generally last around 20 years and can exceed 200,000 miles. This longevity puts Volvo in strong standing among other luxury brands. Volvo’s consistent build quality and focus on safety make it a smart choice for long-term ownership.
Is MG car British or Chinese?
MG is a British-origin brand, but it is now owned by the Chinese automotive giant SAIC Motor Corporation. While the design and engineering retain a strong British influence, most manufacturing now occurs in China, blending British heritage and Chinese innovation. SAIC-GM took over the plant in 2002. There are two vehicle production plants, North and South. SAIC-GM Dongyue Motors joint venture is owned 50% by SAIC-GM, 25% by GM China, & 25% by SAIC.Since 2023, it is a joint venture between the Mumbai-based Indian multinational conglomerate JSW Group and Shanghai-based Chinese automotive manufacturer SAIC Motor, a Chinese state owned automobile manufacturer which markets vehicles under the British MG marque.