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I am wondering whether Volvo is a public company. Seemingly Volvo is traded (and has been for years):

https://finance.yahoo.com/quote/VOLV-B.ST?ltr=1

But a lot of articles are talking about a possible IPO:

http://www.reuters.com/article/us-japan-economy-gdp/japans-second-quarter-economic-growth-revised-down-from-stellar-first-reading-idUSKCN1BI373

http://fortune.com/2017/01/06/volvo-investment-possible-ipo/

https://www.cnbc.com/2017/07/05/geelys-volvo-to-go-all-electric-with-new-models-from-2019.html

How can that be?

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There are two different companies named "Volvo."

The publicly-traded company with ticker symbol VOLV-B is called Volvo Group, or AB Volvo. They primarily build trucks, buses, and construction equipment.

The company that makes the Volvo branded cars is called Volvo Cars. It is a privately-held company currently owned by the Chinese Geely Holding Group.

It was all one company until 1999, when AB Volvo sold off its car brand to Ford. Because of the history, the two companies share the same logo.

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  • In a similar vein, the Jeep company no longer makes jeeps-- they sold the brand to Ford as well.
    – user1731
    Commented Sep 9, 2017 at 3:09
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    @barrycarter, Fiat, via Chrysler. Not Ford. fcagroup.com/en-US/Pages/home.aspx
    – Shannon Severance
    Commented Sep 29, 2017 at 14:59

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