Volvo

Volvo is a manufacturer of transport facilities from Sweden. The company produces trucks, buses, construction equipment, drive system (drive system) for marine equipment as well as industrial applications, aircraft parts, and finance companies. Companies that formerly the automaker was founded on 14 April 1927 in Gothenburg, Sweden as a subsidiary of SKF, a company that manufactures bearings (kolaher). Volvo has been removed from the list of NASDAQ in June 2007, but is still listed on the Stockholm Stock Exchange 

A Volvo Cars 

Volvo is a Latin word which means "my spin", which is another form of the word "volvere". The name Volvo was originally registered for the first time in May 1911 as a company under the auspices of SKF AB and as a registered trademark which is planned to be used for a special series bearing, but this idea is only used briefly. SKF decided to use "SKF" as the brand for the entire bearing produced. 

The company AB Volvo had no activities anything until August 10, 1926 The sales manager, Assar Gabrielsson, and engineer Gustav Larson, forming AB Volvo as automakers came under the SKF Group only with preparation for a year, including produce ten prototype. AB Volvo listed in Stockholm Stock Exchange in 1935 and SKF decided to sell its stake in this company. 

Volvo car series that was first produced, Volvo OV 4, left the factory on 14 April 1927 This date becomes the official date of the founding of Volvo. 

In 1998, Volvo sold the car division to Ford. According to news from Ten Gears (UK) Ford may sell Volvo to BMW's division in the near future.