Volvo Car History

Volvo Cars, which is now part of Ford Motor Company, was originally a subsidiary of SKF, a manufacture of ball bearings. The name Volvo is Latin for "I roll", a clear illustration of the commitment at the beginning of the company to the ball to do business. Volvo, which was founded in 1927 in Sweden, became independent from SKF, when the company went public in Sweden. In 1999, Volvo Cars bought by Ford Motor Company, previously owned by AB Volvo.

Volvo is currently on the market today has most of its sales in Europe. It is reported that sixty percent of total sales by dealers of Volvo in Europe, the other thirty per cent of North America, where it reduced its share of the market. Information published by Volvo shows in the United States is the number one seller of a Volvo with over 100,000 units sold in 2007. Volvo expects to work well in emerging economies like China and India, even if the sale is said to represent only ten percent of worldwide sales of the Volvo. The old models are manufactured by Volvo is often called a large, heavy, and as a brick, contact manufacture of Volvo cars and construction machines produced. Today's models are much more elegant, with a reputation for high performance success. Volvo is also known for their high mileage threshold, where the cars are reliable and well built.

The original company was owned Volvo as a whole, SKF, the manufacture of ball bearings, with Gabrielsson was appointed CEO of Volvo. Gabrielsson was joined by Larson, who was technical director at Volvo, with both said safety is priority number one of the groups made cars. The first car produced by Volvo left the factory in 1927, is marked with the Volvo brand symbol, a sign for the old iron - depict the strength, and marketing of the quality of iron used in cars of the famous Swedish mines. The original name of Volvo was designed for use on a ball bearing, with the company set up to provide bearings for the U.S. market, but the name was transferred to its cars, such as cars began to be produced by the company.

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