Volvo

:Volvo Cars is the car maker using the brand Volvo.

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AB Volvo (or Aktiebolaget Volvo) is a Swedish world leading manufacturer of commercial vehicles, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides complete solutions for financing and service.

Related Topics:
Swedish - Commercial vehicles

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Founded in 1927 in the city of Gothenburg, as a spin-off from roller ball bearing maker SKF. Volvo Cars, the automobile manufacturer, has since 1999 been owned by the Ford Motor Company.

Related Topics:
1927 - Gothenburg - Bearing - SKF - Volvo Cars - Automobile - 1999 - Ford Motor Company

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Volvo is Latin for "I roll", and although fitting well to their products, vehicles, it was originally a name for a ball bearing being developed by the company SKF, which provided funding to a few employees to set up the car-manufacturing business.

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The Volvo Group today has more than 81,000 employees, with manufacturing in 25 countries and sales in more than 185 markets. The Volvo Group's net sales 2004 amounted to 22 billion EUR.

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