This article is about the Volvo Group (AB Volvo). For the separate manufacturer of passenger automobiles, see
Volvo Cars . For other uses, see
Volvo (disambiguation) .
AB Volvo Company type Aktiebolag OMX : VOLV B ISIN SE0000115446 Industry Automotive Founded 1927; 98 years ago (1927 ) Founders Assar Gabrielsson and Gustav Larson Headquarters Gothenburg , SwedenArea served
Worldwide Key people
Products Trucks , buses , construction equipment , marine and industrial engines, customer financing, insurance and related services, product related servicesBrands Volvo, Volvo Penta , Rokbak, Renault Trucks , Prevost , Arquus , Nova Bus , Mack (group brands) Eicher , Dongfeng Truck, SDLG , Milence, Cellcentric (partnership brands)Revenue 473.479 billion kr (2022) 45.712 billion kr (2022) 32.969 billion kr (2022)Total assets 629.064 billion kr (2022)Total equity 166.236 billion kr (2022)Owners AB Industrivärden (8.9%; 27.8% votes) Geely (8.2%; 16.0% votes)Number of employees
102,155 (2022)Subsidiaries Website www .volvogroup .com Footnotes / references [ 1] [ note 1]
Volvo 240
Volvo is a Swedish car and truck maker founded in 1927. It has two parts:
Volvo Cars (Swedish: Volvo personvagnar ), which produces standard size cars, and was owned by the Ford Motor Company 1999 to 2010.
Volvo Group , which produces trucks, boat engines, buses and more.
Volvo is now the leading producer in what most people would call safe family cars.
One of the Volvo's cars, the Volvo S60 is used by police departments in some parts of Europe and the United Kingdom .
In March 2010, Ford signed a deal to sell Volvo Cars to the Chinese automaker Geely for $1.8 billion.[ 2] Volvo cars has is making all of it's cars zero emission by the year 2030.[ 3]
↑ "Annual and Sustainability Report 2022" (PDF) . AB Volvo. pp. 4, 43, 46–47, 67. Retrieved 12 May 2023 .
↑ Nordstrom, Louise. "Geely to buy Volvo from Ford for $1.8 billion" . Retrieved 29 March 2010 . [permanent dead link ]
↑ Robert Lea (ed.). "Volvo float to power move to electric cars" . The Times . ISSN 0140-0460 . Retrieved 9 April 2022 .
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