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Sweden: Volvo takes over ownership of Pininfarina JV

Volvo is taking over full ownership of the Pininfarina Sverige AB joint venture. Volvo Car Corporation and Pininfarina set up the Uddevalla, Sweden-based venture in 2003. Pininfarina held 60%, while Volvo held 40%. It launched operations in 2006. The partners have now agreed to terminate the venture. As stipulated under previous It’s time to log … Continued

Volvo is taking over full ownership of the Pininfarina Sverige AB joint venture. Volvo Car Corporation and Pininfarina set up the Uddevalla, Sweden-based venture in 2003. Pininfarina held 60%, while Volvo held 40%. It launched operations in 2006.

The partners have now agreed to terminate the venture. As stipulated under previous

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