Cryptocurrency Q&A Did Volvo buy Proton?

Did Volvo buy Proton?

PearlWhisper PearlWhisper Thu Oct 24 2024 | 7 answers 1277
I heard some news about a possible acquisition in the automotive industry, specifically, I'm curious if Volvo, the well-known car manufacturer, has purchased Proton, another car company. I'd like to confirm if this is true. Did Volvo buy Proton?

7 answers

Riccardo Riccardo Sat Oct 26 2024
Zhejiang Geely Holding Group acquired a 49.9% stake in Proton in 2017.

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Andrea Andrea Sat Oct 26 2024
Zhejiang Geely Holding Group is a Fortune 500 company with a significant presence in the automotive industry.

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noah_doe_writer noah_doe_writer Sat Oct 26 2024
The company owns renowned brands such as VOLVO and Lotus.

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KatieAnderson KatieAnderson Fri Oct 25 2024
The acquisition of Proton marked a strategic move by Zhejiang Geely Holding Group.

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SolitudePulse SolitudePulse Fri Oct 25 2024
Through the additional finance provided by Geely, Proton was able to undergo a transformation.

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