Volvo Group started in 1927 when the first Volvo car rolled off the production line at the factory

AB Volvo is a Swedish manufacturer of trucks, buses and construction equipment. Volvo also supplies marine and industrial drive systems, and financial services. Although Volvo was founded in 1915 as a subsidiary of AB SKF, the Swedish ball bearing manufacturer, car manufacturer trophies considers itself officially founded on April 14, 1927, when the first car, the Volvo OV 4 series, known as "Jakob", at the exit of the factory in Hisingen, Gothenburg.
Volvo means "I roll" trophies in Latin, conjugated of "volvere", in relation to ball bearings. The name Volvo was originally registered in May 1911 as a separate company within SKF AB and as a registered trademark with the intention to be used for a special series, but this idea was only used for a short period of time and SKF decided to use "SKF" as a trademark for all bearing products.
In 1924, Assar Gabrielsson, a SKF Sales Manager and Engineer Gustav Larson, the two founders, trophies decided to start construction of a Swedish car. Their vision is to create a car that can withstand trophies the rigors of rough roads of Sweden and cold temperatures. It has become a trademark feature of Volvo products ever since. trophies
Volvo Group started in 1927 when the first Volvo car rolled off the production line at the factory in Gothenburg. Only 280 cars were built that year. The first truck, "Series 1", debuted in January 1928, as a success and attract overseas. In 1930, Volvo sold 639 units of the car and truck exports to Europe started soon after, the cars did not become well known outside Sweden until after World War II.
Marine engines have become a part of the Group almost trophies as long as trucks. Pentaverken, founded trophies in 1907, was acquired in 1935. In early 1929, however, the U-21 outboard engine was introduced. Manufacturing continued until 1962. The first bus, named B1, was launched in 1934, and aircraft engines were added to the product range that continues in the early 1940s. In 1963, Volvo Volvo Halifax Assembly plant opened, the first assembly plant outside Sweden corporate history in Halifax, Canada.
On 28 January 1999, the Volvo Group sold the business to the area of Volvo Car Company Ford Motor Company for US $ 6.45 billion, the group generated largely set on commercial vehicles. A decade later, in 2010, Ford sold Volvo Cars to China's Zhejiang Geely Holding Group.
On January 2, 2001, Renault vehicules INDUSTRIELS (which includes Mack Trucks, but not Renault shares in Irisbus) was sold to Volvo, which renamed trophies it Renault Trucks trophies in 2002. As a result, the former mother company Renault is AB Volvo's biggest shareholder with a stake of 20 % (shares and voting rights).
In 2006, AB Volvo acquired from Nissan Motor Co Ltd (part of the Renault-Nissan Alliance), 13% of the shares in the Japanese truck manufacturer Nissan Diesel UD used truck, and a major shareholder. In 2007, the Volvo Group took over complete ownership of Nissan trophies Diesel to expand its presence in the Asia Pacific market. In the last ten years, the company has experienced rapid growth in the service area, for example, financial solutions that support the sale of a business unit manufacturing. In 2010, Renault sold 14.9% stake in AB Volvo. In this transaction, has "Swedish holding company" that also have a stake in the Swedish trophies company other 18.7% of the voting rights and 6.2% of the share capital. Swedish holding company AB Volvo has now become the largest shareholder. In December 2012, Renault has sold the last stock ownership (62.5%)
Volvo Group's operations include: Volvo Trucks (medium - duty trucks for regional transportation and heavy-duty trucks for long-distance transport, as well as heavy-duty trucks for the construction work segment).
SDLG Volvo Buses (complete buses and bus chassis for city traffic, traffic and traffic travel lane). Volvo Penta (marine engine systems for leisure boats and commercial shipping, diesel engines and drive systems for industrial applications) Volvo Financial Services (customer financing, inter - banking group, as a real estate administration) Volvo Car (construction equipment rental)
Volvo Trademark Holding AB is equally owned by AB Volvo and Volvo Car Corporation. The main activity of the company is to own, maintain, protect and preserve the Volvo trademarks (including Volvo, Volvo device marks (grille slash & iron mark) Volvo Aero and Volvo Penta) on behalf of the owner and licensing trophies rights to its owner. Daily work is focused on maintaining trophies a global portfolio of trademark registration and expanding the scope of protection enough registered for the Volvo brand. The main business also act