Volvo
Company and Automotive Company
Volvo leads trend in 'natural' decor...gadgets such as TV sets and mobile phones. Earlier this year saw the unveiling of the Volvo S60 Concept Car, a clear indicator of Volvo's future design direction. In that car, the upper part of the doors is made of genuine light... In this article: Volvo, Volvo Cars, Driftwood, Volvo 850, Scandinavia, and New Jersey |
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Reuters | 3 days ago
Volvo union meets Geely, no detail on financing
...unit last month. [ID:nHKG181412] Representatives for Geely are in Sweden this week to meet Volvo's management team, the Swedish government and Volvo union leaders as a part of negotiations with Ford. Sallstrom added the union would meet...
In this article: Geely Automobile, Europe, Volvo Cars, and Ford Motor
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UPDATE 1-Volvo Oct truck shipments fall, but offer hope
...of the truck operations have noted an increase in deliveries in October compared with September," Volvo said in a statement on Wednesday. Volvo, which sells trucks under the Renault, Nissan Diesel, Mack and Eicher brands as well as its...
In this article: Asia, Europe, Recession, Leif Johansson, Eicher, Nissan Diesel, Mack, and Renault
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MarketWatch.com - MarketPulse | 4 days ago
Volvo October truck deliveries up 12% on the month
...with September. Renault Trucks delivered 3,895 vehicles, down 40% on the year, but up 24% from September. Volvo Group's truck operations consist of Volvo Trucks, Mack, Renault Trucks, Nissan Diesel and Eicher. /marketstate/country/ The...
In this article: Volvo Trucks, Renault Trucks, Eicher, Nissan Diesel, Mack, Hershey Co., and MarketWatch
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Volvo truck shipments fall 41 pct yr/yr in Oct
World number two truck maker Volvo <VOLVb. ST> said on Wednesday its truck shipments fell 41 percent year-on-year in October as the global economic downturn continued to weigh heavily on market demand. Volvo, which sells trucks under the...
In this article: Eicher, Nissan Diesel, Mack, Renault, North America, Asia, and Europe
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Deseret News | 4 days ago
Ford, Volvo earn most safety nods
...substantially reduced the number of awards compared with 2009, because of tougher requirements for roof strength. Ford Motor Co. and its Volvo unit received the most awards with six, followed by five awards apiece for Japanese automaker...
In this article: Subaru, Insurance Institute for Highway Safety, Volkswagen AG, General Motors Co., E mail, and Audi
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New York Times | 5 days ago
Volvo Recalls XC60 for Seat-Belt Failure
...happened before and it never happened in any of the about 50 side-impact tests conducted at the Volvo Safety Center in Gothenberg, Sweden. Another Volvo spokesman, Dan Johnston, added, "In our labs we do EuroNCAP, I.I.H.S., N.H.T.S.A. and our...
In this article: National Highway Traffic Safety Administration, Gothenberg, Sweden, and Canada
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Volvo keeps rights to technology in Geely plan-paper
...unit last month. [ID:nHKG181412] "Geely's proposal is in line with the best interest of Volvo," Yuan Xiaolin told the Shanghai Securities News. Volvo will retain all its manufacturing and research facilities along with its dealership...
In this article: Geely Automobile, Ford Motor, and China
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Volvo to sell stake in Chinese joint venture
...Truck group, selling its stake in Jinan Huawo Truck Corporation and clearing the way for a Volvo tie-up with another Chinese group. Volvo said it had signed a deal with Sinotruck <3808. T> and its parent China National Heavy Duty Truck,...
In this article: Joint venture, China National Heavy Duty Truck, Dongfeng Motor Group Co, China, and Asia
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Independent.ie | November 10, 2009
Volvo talks up 'most dynamic model yet'
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Sydney Morning Herald - Business | November 10, 2009
Volvo that brakes for pedestrians
...highlight of the new S60, the first official pictures suggest a sportier looking car than any previous Volvo sedan. "The all-new Volvo S60 is sculpted to move you. It looks and drives like no other Volvo before and the car's technology will...
In this article: Volvo S60, Volvo Cars, Thomas Broberg, Audi A4, BMW 3 Series, Australia, and Ghent, Belgium
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Description from Wikipedia:
The Volvo Group is a Swedish supplier of commercial vehicles such as trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and financial services. Although Volvo was incorporated in 1915 as a subsidiary of AB SKF, a Swedish ball bearing manufacturer, the auto manufacturer was officially founded on 14 April 1927, when the first car rolled out of the factory in Hisingen, Gothenburg.
Volvo means "I roll" in Latin, conjugated from "volvere" (cp the ball bearing producer SKF). 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 of ball bearing, but this idea was only used for a short period of time and SKF decided to use "SKF" as the trademark for all its bearing products.
In 1924, Assar Gabrielsson, a 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 can withstand the rigors of Sweden's rough roads and cold temperatures. This has become a feature of Volvo products ever since.
The company AB Volvo had no activities until 10 August 1926, after one year of preparations involving the production of ten prototypes, was set up to carry out the car-manufacturing business within the SKF group. Volvo AB 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.
The first series produced Volvo automobile, the Volvo ÖV 4, left the factory on 14 April 1927 which became the official date for the founding of Volvo.
- Name:
- AB Volvo
- Type:
- Public ()
- Location:
- Gothenburg, Sweden
- Region:
- Worldwide
- Founded:
- 1927 by SKF
- Industry:
- Commercial vehicles
- Key People:
- Finn Johnsson , Leif Johansson
- Products:
- Trucks, buses, construction equipment, marine and industrial power systems, aerospace components, financial services
- Revenue:
- SEK 303,667 million
- Operating Income:
- SEK 15,851 million
- Net Income:
- SEK 9,942 million
- Assets:
- SEK 372,419 million
- Equity:
- SEK 84,640 million
- No. of Employees:
- 101,400
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