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A manufacturer of cars, SUVs, trucks, and buses founded in 1927 and based in Gothenburg, Sweden. In 1999 the company "split," with the Volvo brand of cars and light trucks being sold to the Ford Motor Company. Despite the split, the companies have 72 years of shared history and will remain combined for the purpose of organizing The Crittenden Automotive Library.
The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo) (stylized as VOLVO) is a Swedish multinational manufacturing company headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial services. Although the two firms are still often conflated, Volvo Cars, also based in Gothenburg, has been a totally separate company since it was sold off in 1999. The companies still share the Volvo logo and co-operate in running the Volvo Museum.
Volvo was established in 1915 as a subsidiary of SKF, the ball bearing manufacturer; however the Volvo Group and Volvo Cars consider themselves to have been officially founded on 14 April 1927, when the first car, the Volvo ÖV 4 series, affectionately known as "Jakob", rolled out of the factory in Hisingen, Gothenburg. The building remains (57°42′50″N 11°55′19″E).
Volvo means "I roll" in Latin, conjugated from "volvere", in reference to ball bearings. The brand name Volvo was originally registered as a trademark in May 1911 with the intention to be used for a new series of SKF ball bearings. This idea was only used for a short period and SKF decided to simply use "SKF" as the trademark for all its bearing products.
In 1924, Assar Gabrielsson, an SKF sales manager, and engineer Gustav Larson, the two founders, decided to start construction of a Swedish car. Their vision was to build cars that could withstand the rigors of the country's rough roads and cold temperatures.
AB Volvo began activities on 10 August 1926. After one year of preparations involving the production of ten prototypes the firm was ready to commence the car-manufacturing business within the SKF group. AB Volvo was introduced at the Stockholm stock exchange in 1935 and SKF then decided to sell its shares in the company. Volvo was delisted from NASDAQ in June 2007, but remains listed on the Stockholm exchange.
Volvo Car Corporation (Swedish: Volvo personvagnar) (stylized as VOLVO) is a Swedish luxury vehicle manufacturer established in 1927 and headquartered in Gothenburg, Sweden, where it operates out of the VAK building. It is a wholly owned subsidiary of Zhejiang Geely Holding Group of China.
Volvo Car Corporation was originally founded as a subsidiary of the ball bearing maker SKF. When Volvo AB was introduced on the Swedish stock exchange in 1935, SKF sold most of the shares in the company. Volvo Cars was owned by AB Volvo until 1999, when it was acquired by the Ford Motor Company as part of its Premier Automotive Group. Geely Holding Group then acquired Volvo Cars from Ford in 2010.
Volvo Cars manufactures and markets sport utility vehicles, station wagons, sedans, compact executive sedans, and coupes. With approximately 2,300 local dealers from around 100 national sales companies worldwide, Volvo Cars' largest markets are the United States, Sweden, China and Belgium. In 2011, Volvo Cars sold 449,255 cars globally, an increase of 20.3% compared to 2010.
Multimedia
28 July 2017 (11:15AM) Volvo's Cars After 2019 Electrified VOA News VOLVO’S CARS AFTER 2019 ELECTRIFIED Has the dawn of the electric automobile finally arrived? At least one Swedish automaker believes the answer is yes. VOA Technology reporter George Putic talks about Volvo’s decision soon to produce only electric-hybrid vehicles, and decisions by France and Britain to outlaw sales of internal combustion vehicles by 2040. Download Volvo's Cars After 2019 Electrified - 121MB - 6:14
18 December 2017 (4:53AM) Families Field Test Autonomous Vehicles Steve Redisch, VOA News It's all fun and games until a family gets behind the wheel. That's the whole idea behind Volvo's Drive Me project. Automated vehicles are now being test driven by families as part of a multi-stage experiment that's taking place in Norway. VOA's Steve Redisch reports. Download Families Field Test Autonomous Vehicles - 69.3MB - 2:20
Jack Schroeder and Britni Sumida v. Volvo Group North America, LLC and VolvoCar USA LLC Second Amended Complaint for Copyright Infringement, Unfair Competition, and Misappopriation of Likeness United States District Court, Central District of California, Western Division
Jack Schroeder and Britni Sumida v. Volvo Group North America, LLC and VolvoCar USA LLC Declaration of Harrison J. Dossick in Support of Defendant Volvo Car USA LLC's Request for Judicial Notice United States District Court, Central District of California
Jack Schroeder and Britni Sumida v. Volvo Group North America, LLC and VolvoCar USA LLC Minute Order Denying Motion to Dismiss Plaintiffs’ Second Amended Complaint (In Chambers) United States District Court, Central District of California