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Volvo
The Volvo Group (; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation 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. In 2016, it was the world's second-largest manufacturer of heavy-duty trucks with its subsidiary Volvo Trucks. Volvo was founded in 1927. Initially involved in the automobile industry, Volvo expanded into other manufacturing sectors throughout the twentieth century. Automobile manufacturer Volvo Cars, also based in Gothenburg, was part of AB Volvo until 1999, when it was sold to the Ford Motor Company. Since 2010 Volvo Cars has been owned by the automotive company Geely Holding Group. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Gothenburg, Sweden. The corporation was first ...
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Volvo Cars
Volvo Car AB, trading as Volvo Cars (, styled VOLVO in the company's logo) is a Sweden, Swedish multinational manufacturer of luxury vehicles. Volvo is headquartered in Torslanda, Gothenburg. The company manufactures SUVs, station wagons, and sedans. The company's main marketing revolves around automotive safety, safety and its Swedish heritage and design. Volvo Cars has been separate from its former parent conglomerate and producer of heavy trucks, buses, and construction equipment (among others) AB Volvo since 1999 when AB Volvo sold its automobile division Volvo Cars to Ford Motor Company for billion. On 28 March 2010, Ford sold Volvo Cars at a loss to Geely, Geely Holding for $1.8 billion; the deal closed in August 2010. Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021, though Geely Holding still retains majority ownership. Volvo Cars and AB Volvo share the Volvo logo, and cooperate in running the Volvo Museum. In March 2021, Volvo Cars announ ...
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Volvo Buses
The Volvo Group (; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation 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. In 2016, it was the world's second-largest manufacturer of heavy-duty trucks with its subsidiary Volvo Trucks. Volvo was founded in 1927. Initially involved in the automobile industry, Volvo expanded into other manufacturing sectors throughout the twentieth century. Automobile manufacturer Volvo Cars, also based in Gothenburg, was part of AB Volvo until 1999, when it was sold to the Ford Motor Company. Since 2010 Volvo Cars has been owned by the automotive company Geely Holding Group. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Gothenburg, Sweden. The corporation was first ...
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Volvo Trucks
Volvo Trucks () is a truck manufacturing division of Volvo based in Gothenburg, Sweden. Volvo Trucks was a separate company within Volvo. The Volvo Group was reorganised on 1 January 2012 and as a part of the process, Volvo Trucks ceased to be a separate company and was instead incorporated into Volvo Group Trucks along Volvo's other truck operations, as Renault Trucks and Mack Trucks.Volvo Group reorganizes global truck business
FleetOwner, 4 October 2011. Retrieved 19 November 2022.
The first Volvo truck rolled off the production lines in 1928, and in 2016 Volvo Trucks employed more than 52,000 people around the world. With global headquarters in Gothenburg, Sweden, Volvo manufactures and assembles its trucks in eight wholly owned assembly plants and nine factories owne ...
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Geely
Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely Holding ( ; ), is a Chinese multinational automotive conglomerate headquartered in Hangzhou, China. The company was founded by, and is privately owned by Chinese entrepreneur Li Shufu. Geely was founded in 1986 as a refrigerator parts company, before transitioning to motorcycles in 1994 and entering the automotive industry in 1997. ZGH as a holding company was founded in 2003. , the company ranks 225 in the 2023 ''Fortune'' Global 500 list of the world's largest companies. In 2024, the group produced a total of 3.33 million vehicles globally, including 1.48 million plug-in electric vehicles. The company manufactures and sells vehicles under the brands of Geely, Lynk & Co and Zeekr brands, which are part of the Geely Auto Group business unit, along with its subsidiaries and joint ventures such as Volvo Cars, Polestar, Proton, Smart and Lotus, as well as commercial vehicles under the London EV Com ...
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Volvo Museum
World of Volvo is an automotive museum and experience centre in Gothenburg, Sweden, jointly owned by Volvo Cars and Volvo Group. Opened in April 2024, it serves as a cultural and exhibition space for Volvo's brand and heritage. World of Volvo opened after the former Volvo Museum closed in December 2023. History Former Volvo Museum The original museum opened in 1995 and was located in the area of Arendal on Hisingen, Hisingen island, approximately 10 km west of central Gothenburg. Originally started as the project of a Volvo factory employee, the museum was housed in a complex of industrial buildings near Volvo’s factory. Owned by Volvo Cars and Volvo Group, it showcased Volvo's development from its founding in 1927 to modern times, displaying a range of vehicles, engines, and prototypes. The museum also featured historical artefacts, including the shared desk of company founders Assar Gabrielsson and Gustaf Larson. Exhibitions included Volvo’s early production models, inc ...
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Volvo Construction Equipment
Volvo Construction Equipment - Volvo CE - (originally Munktells, Bolinder-Munktell, Volvo BM) is a major international company which develops, manufactures, and markets equipment for construction and related industries. It is a subsidiary and business of the Volvo Group. Overview Volvo CE's products include a range of wheel loaders, hydraulic excavators, articulated haulers, motor graders, soil and asphalt compactors, pavers, backhoe loaders, skid steers, and milling machines. Volvo CE has production facilities in the United States, Brazil, Scotland, Sweden, France, Germany, Poland, India, China, Russia, and South Korea. Volvo CE sells machines under two brands: Volvo and SDLG. History Three men laid the foundation for Volvo Construction Equipment: Johan Theofron Munktell and two brothers Jean Bolinder and Carl Gerhard Bolinder. * In 1832, Johan Theofron Munktell who was then 27, began what became Volvo Construction Equipment in Eskilstuna, Sweden. In 1913, Munktel ...
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Volvo Penta
Volvo Penta is a Sweden, Swedish marine and industrial engine manufacturer, a joint stock company within the Volvo, Volvo Group. Volvo Penta evolved from a foundry in Skövde 1907, when the first marine automobile engine, marine engine, the B1, was manufactured. The name Penta was created about 1916.https://everythingaboutboats.org/volvo-penta, retrieved 18 October 2024. The Penta company soon became an established internal combustion engine manufacturer, which in 1927 delivered the engine for Volvo's first passenger car. Volvo acquired Penta in 1935 and Volvo Penta has been part of the Volvo Group since then. It now provides internal combustion engines (ICEs) and complete power systems to the marine industry, power generation, power-generating equipment, and similar industrial applications. The business also manufacturers sterndrive and inboard drive systems such as the Volvo Penta IPS. The engine program comprises petroleum fuel (diesel engines, diesel and petrol engine, gas ...
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Assar Gabrielsson
Assar Thorvald Nathanael Gabrielsson (13 August 1891 – 28 May 1962) was a Swedish industrialist and co-founder of Volvo. Early life Gabrielsson was born on 13 August 1891 in Korsberga, Skaraborg County, Sweden, the son of Gabriel Nathanael Gabrielsson and Anna Helmina Larsson, who married on 14 April 1889. The father was a manager at Korsberga brickworks and later became a leaseholder of Spännefalla farm near the dairy in Tibro, where he started an egg shop. Assar Gabrielsson was the first child of three. He had a brother five years younger, Börje Gabrielsson, who in parallel with Assar was the managing director of Astra for thirty years. He passed '' studentexamen'' in 1909 and graduated from Stockholm School of Economics in 1911. Career Assar Gabrielsson held a bachelor's degree in economics and worked as a sales manager with bearing manufacturer SKF in Gothenburg in the early 1900s. He was employed in 1916 by Björn Prytz at the sales department and was appointed s ...
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Gustav Larson
Erik Gustaf Larson (8 July 1887 – 4 July 1968) was a Swedish automotive engineer and the co-founder of Volvo. He held a Master of Science (M.Sc.) degree in mechanical engineering from the Royal Institute of Technology in Stockholm. Biography Larson was responsible for the technical design of the first Volvo model ÖV 4, introduced on 14 April 1927. He and Assar Gabrielsson founded Volvo. He was appointed vice president and technical manager for AB Volvo in Gothenburg, from the time the company was founded 1927. He worked for Volvo until his death in 1968. Volvo Invention and development In June 1924, when Gustav Larson met his old friend Assar Gabrielsson in Skåne, Gabrielsson unveiled his plans to try to establish the manufacturing of a new Swedish automobile. Gustav Larson had worked for SKF between 1917 and 1919 but now worked for the company AB Galco in Stockholm. They made a verbal agreement in August 1924 at the Sturehof restaurant in Stockholm, then signed a writte ...
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Prevost Car
Prevost (, ), formally known as Prevost Car, is a Canadian manufacturer of touring coach (bus), coaches and bus shells for high-end motorhomes and specialty conversions. The company is a subsidiary of the Volvo Buses division of the Volvo Group. History Early years (1924–1951) Prevost Car was founded by Eugène Prévost (carpenter), Eugène Prévost (1898–1965), a cabinet maker specializing in church pews and school furniture; in 1924 he was asked to build a custom bus body for a new REO Motor Car Company, REO truck chassis. Prévost's company received several repeat orders, but Prévost limited production to one bus body per winter. Between 1937 and 1939, its first dedicated bus manufacturing plant was built in Sainte-Claire, Quebec, with a capacity of ten vehicle bodies per year. At the time, Prevost buses were sold mainly to operators in eastern Canada. Initially the vehicles were built with metal panels over a wooden frame. In 1945 this changed, and body panels and fr ...
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Gothenburg
Gothenburg ( ; ) is the List of urban areas in Sweden by population, second-largest city in Sweden, after the capital Stockholm, and the fifth-largest in the Nordic countries. Situated by the Kattegat on the west coast of Sweden, it is the gubernatorial seat of Västra Götaland County, with a population of approximately 600,000 in the city proper and about 1.1 million inhabitants in Metropolitan Gothenburg, the metropolitan area. Gustavus Adolphus, King Gustavus Adolphus founded Gothenburg by royal charter in 1621 as a heavily fortified, primarily Dutch, trading colony. In addition to the generous privileges given to his Dutch allies during the ongoing Thirty Years' War, e.g. tax relaxation, he also attracted significant numbers of his German and Scottish allies to populate his only town on the western coast; this trading status was furthered by the founding of the Swedish East India Company. At a key strategic location at the mouth of the , where Scandinavia's largest dr ...
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