Volvo, the famous Swedish car brand, also translated as the rich, the brand of car is the safest car in the world. Volvo Car Corporation is the largest automotive companies in Northern Europe, but also one of Sweden’s largest industrial enterprise groups, the world’s 20 largest auto company. Founded in 1927, is the founder Gustav Larsson and A Saer Gabriel Gilson. Geely and Ford in Gothenburg, Sweden signed an agreement to acquire 100% stake in Volvo, Geely joint Daqing state-owned assets for $ 1.8 billion. According to the plan, after the acquisition of Volvo Geely in China, the new plant with an annual output capacity of 300 000, Volvo Cars of the global annual production to nearly double, and strive to achieve in 2011, Volvo Car Corporation The goal of profitability.
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Today, Volvo is divided into two companies of the Volvo Group and Volvo Car Corporation.
The Volvo Group is one of the world’s largest commercial transport product suppliers. Volvo manufactured trucks, buses, construction machinery, used in marine and industrial use, power systems, aircraft engines and aircraft engine parts. The product range also includes financial, leasing, insurance and maintenance of customized total solutions, as well as IT-based transport information and management of the overall solution. The Volvo Group’s business scope is mainly made up of eight business areas are: Volvo Trucks, Renault (Renault) truck, Mark (Mack) truck, Volvo Buses, Volvo construction equipment, Volvo Penta of the company, Volvo aerospace and financial services. In addition, there are several commercial organizations in the fields of engineering, R & D, IT, spare parts and logistics support within the scope of the whole group. In 2003, 76,000 employees and achieved sales of 19.5 billion euros. Products in more than 140 countries around the world.
Volvo Car Corporation (Volvo car coporation) is a famous Swedish car brand, is headquartered in Gothenburg, Sweden. The brand of car is the safest car in the world, is synonymous with vehicle safety. Volvo Cars is the inventor of the three-point seat belts, is a global leader in safety and environmental protection. Volvo Car Corporation was originally a subsidiary of the Volvo Group in 1999 sold to Ford Motor Company, has been China’s Geely Holding Group acquisition.
Volvo Car to enjoy a high quality and excellent performance in the Nordic reputation, in particular, safety systems, Volvo Car Corporation and more unique. U.S. Highway Loss Data Institute had competitions over ten kinds of the safest car Volvo topped the list. 1937, the company car production reached 10 000. Subsequently, the business gradually in various fields of production and subsistence, such as energy products development, became the Nordic region’s largest companies.