Volvo becomes exclusive distributor for Lynk & Co in Europe
Volvo is strengthening synergies within the Geely Group by taking over the distribution of the Lynk & Co brand in Europe. This move aims to accelerate commercial development without requiring additional investment.
Volvo Cars has reached an agreement with Geely Auto to become the exclusive importer and distributor of Lynk & Co vehicles in Europe. Under this framework, the Swedish automaker will leverage its dealership network and its sales and service infrastructure to market the brand's models. The objective is to broaden the reach of both brands, which target distinct customer segments, while optimizing existing resources.
Founded in 2016, Lynk & Co has positioned itself as a premium brand offering vehicles for sale and lease, particularly in Europe. Initially focused on a plug-in hybrid SUV, it has gradually expanded its lineup. Support from the Volvo network is expected to allow the brand to accelerate its growth and increase sales volumes across the continent.
This partnership is part of a broader strategy by Geely to strengthen integration among its various brands, including Zeekr, Lotus, and Polestar. The group seeks to optimize costs and develop technological and commercial synergies to reach its target of over 6.5 million vehicles sold annually by 2030. For its part, Volvo is adjusting its electrification strategy by maintaining a hybrid offering in response to slowing demand for fully electric vehicles.
AB Volvo is the leading European truck maker and No. 3 worldwide. Net sales break down by activity as follows:
- sales of trucks (66.2%): 202,911 vehicles sold in 2025 (names Volvo, Renault, Eicher and Mack);
- sales of construction equipment (16.7%): excavators, loaders, backhoes, hydraulic shovels, graders, dump trucks, etc.;
- financial services (5.4%);
- bus and chassis sales (5.1%): world's No. 2 largest manufacturer;
- sales of parts, control systems, and marine and industrial motors (4.2%): for commerce and cruise ships and for industrial applications (irrigation units, lifting trucks, electrical generators, etc.);
- other (2.4%).
Net sales are distributed geographically as follows: Europe (43.1%), North America (29.3%), Asia (11.5%), South America (9.7%), and Africa & Oceania (6.4%).
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