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Volvo Trucks (Swedish: Volvo Lastvagnar) (stylized as VOLVO) is a global truck manufacturer based in Gothenburg, Sweden, owned by AB Volvo. In 2016, it was the world’s second largest manufacturer of heavy-duty trucks. 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, with Volvo’s other truck brands, Renault Trucks, Mack Trucks and UD Trucks. 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 owned by local interests. Volvo Trucks produces and sells over 190,000 units annually. In 2017, Chinese company Geely purchased a 14% share of Volvo Trucks | |||||||||
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Volvo trucks is the world's leading manufacturer of
trucks, buses, automobiles,
work machines, marine engines and industrial engines.
Volvo Cars is a
car brand that was sold in 1999 by the Swedish
Volvo Group to the Ford
Motor Company and then to Geely in 2010, producing only passenger cars
and SUVs. In addition, the Volvo
truck Group is a holding company operating
from the aircraft industry to the financial sector. Was founded in 1927 as a ball manufacturer of SKF brand in Gothenburg, Sweden. Marine engines are called Volvo Penta. In addition, Mack trucks are also connected to the Volvo Group. After moving to Ford Cars Ford, the German automotive giants Audi, BMW and Mercedes were chosen as competitors. In 2010, Volvo's new owner, Geely, announced that Volvo's R & D and main production center would remain in Sweden, and that only cars to be sold in China will be produced at the new Volvo plant in the People's Republic of China. Source: wikipedia |
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