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Volvo B30 Engine
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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Carl-Henric Svanberg
Carl-Henric Svanberg (born 29 May 1952) is a Swedish businessman and chairman of Volvo. He was chairman of BP for eight years, from 2010 to 2018. In December 2023, Svanberg was appointed commission chair to the AI Commission to the Swedish Government Life and career Svanberg holds a master's degree in applied physics from the Linköping Institute of Technology and a bachelor's degree in business administration from Uppsala University. Svanberg holds honorary doctorates from Luleå University of Technology and Linköping University. Svanberg was CEO of telecom company Ericsson from April 2003 to December 2009. Following his resignation, he remained on the board of Ericsson and holds 3,234,441 shares in the company. Before joining Ericsson, he led another Swedish industrial company, Assa Abloy. Svanberg is on other boards, including: * The investment company Melker Schörling AB Stockholm Challenge Advisory Board Svanberg joined the BP board as chairman-designate in Septem ...
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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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Geely Holding Group
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 Co ...
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Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational corporation, multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the List of Ford vehicles, Ford brand, and luxury cars under its Lincoln Motor Company, Lincoln brand. The company is listed on the New York Stock Exchange under the single-letter ticker symbol F and is controlled by the Ford family (Michigan), Ford family. They have minority ownership but a plurality of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines. By 1914, these methods were known around the world as Fordism. Ford's former British subsidiaries Jaguar Cars, Jaguar and Land Rover, acquired in 1989 and 2000, r ...
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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 Financial Services
Volvo Financial Services (VFS), established in 2001, offers financial services for Volvo Group's brands. VFS' global headquarters are located in Gothenburg, Sweden. A global organization serving nearly 50 markets, VFS focuses exclusively on providing financial services and solutions to the Volvo Group's internal and external customers. VFS offers its products under the labels of: Mack Financial Services, Renault Trucks Financial Services, SDLG Financial Services, and Volvo Financial Services. Each line is designed to support one or more of the product brands offered by the Volvo Group. Volvo Financial Services does not provide financing for Volvo Cars, which was sold to Ford Motor Company in 1999. References Financial Services Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns finan ... ...
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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 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 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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Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ...
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