It has come to the attention of Volvo Group Southern Africa that various media reports and social media posts are wrongfully linking the company to a recent statement issued by Volvo Cars South Africa.

Firstly, Volvo Group Southern Africa and Volvo Cars SA are not the same company, not locally and also not globally. Volvo Cars and Volvo Group have been separate entities since 1999, when Volvo Group sold Volvo Cars to Ford Motor Company and in 2010, Volvo Cars was acquired by Geely Holding Group.

Volvo Cars and Volvo Group, while they share a common origin, name and brand, they are distinct entities owned by different holding companies.

Volvo Group Southern Africa currently employs 750 staff members and has an assembly plant in Durban, KwaZulu-Natal.

Volvo Group Southern Africa implores all to refrain from linking Volvo Group, Volvo Trucks, Volvo Bus, Volvo Penta, Volvo Financial Services or the Volvo Group Assembly Plant to the announced plans of Volvo Cars SA, a separate legal entity.