2004 volvo s60r specs
The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo) (stylized as VOLVO) is often a Swedish multinational manufacturing company headquartered in Gothenburg. While its core activity could be 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 absolutely was the world's second largest manufacturer of heavy-duty trucks.Automobile manufacturer Volvo Cars, also situated in Gothenburg, was portion of AB Volvo until 1999, when that it was sold for the Ford Motor Company. Since 2010 it is owned by the Geely Holding Group, a Chinese multinational automotive manufacturing company. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Sweden.The company was initially listed for the Stockholm Stock Exchange in 1935, and was around the NASDAQ indices from 1985 to 2007.Volvo was established in 1915 as being a subsidiary of SKF, a ball bearing manufacturer; however the two Volvo Group and Volvo Cars regard the rollout in the company's first car series, the Volvo ÖV 4, on 14 April 1927, his or her beginning. The building remains.The manufacturer Volvo was originally registered like a trademark in May 1911 with all the intention for use for a new combination of SKF ball bearings. It means "I roll" in Latin, conjugated from "volvere". The idea was short-lived, and SKF chosen to simply use its initials since the trademark for those its bearing products.In 1924, Assar Gabrielsson, an SKF sales director, and also a KTH Royal Institute of Technology educated engineer Gustav Larson, both founders,[clarification needed] chosen to start construction of the Swedish car. They that will build cars that can withstand the rigors on the country's rough roads and cold temperatures.AB Volvo began activities on 10 August 1926. After one full year of preparations relating to the production of ten prototypes, the firm was willing to commence the car-manufacturing business from the SKF group. The Volvo Group itself considers it entered 1927, once the first car, a Volvo ÖV 4, rolled from the production line with the factory in Hisingen, Gothenburg. Only 280 cars were built that year. The first truck, the "Series 1", debuted in January 1928, for an immediate success and attracted attention beyond the country. In 1930, Volvo sold 639 cars, plus the export of trucks to Europe started immediately after; the cars wouldn't become renowned outside Sweden until after World War II. AB Volvo was introduced in the Stockholm Stock Exchange in 1935 and SKF then chose to sell its shares within the company. By 1942, Volvo acquired the Swedish precision engineering company Svenska Flygmotor (later renamed as Volvo Aero).Pentaverken, that have manufactured engines for Volvo, was acquired in 1935, providing a good supply of engines and entry in to the marine engine market.The first bus, named B1, was published in 1934, and aircraft engines were added to your growing range of products with the beginning from the 1940s. In 1963, Volvo opened the Volvo Halifax Assembly plant, the primary assembly plant inside company's history away from Sweden in Halifax, Nova Scotia, Canada.In 1950, Volvo acquired the Swedish construction and agricultural equipment manufacturer Bolinder-Munktell. Bolinder-Munktell was renamed as Volvo BM in 1973. In 1979, Volvo BM's agricultural equipment business was sold to Valmet. Later, through restructuring and acquisitions, the remainder construction equipment business became Volvo Construction Equipment.
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