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(established 1924)

Assar Gabrielsson and Gustaf Larson in Gothenburg founded this well-known Swedish manufacturer in 1924, with the first Volvo car—an open-topped four-cylinder model—produced in 1927. Their aim was to build cars fabricated from high-quality Swedish steel that were more suited to the extremes of the Scandinavian climate than their competitors imported from the United States. In 1928 Volvo began exporting and also set up its first subsidiary in Finland. In its early years the company survived largely on the sale of its trucks, buses, and taxis. However, in the 1930s the strong contemporary influence of streamlining made itself felt and style became increasingly important in the advertising, selling, and purchase of cars. This was particularly marked in the PV36 Carioca of 1936, the design of which had involved American collaboration and was in some ways reminiscent of the Chrysler Airflow of 1934. It also had independent front-wheel suspension and an all-steel body. The PV51 of 1936 proved to be popular as well as inexpensive, although the first genuine ‘people's car’ produced by Volvo, the PV60, did not go into production until 1946. Safety, which was to be an extremely significant aspect of Volvo corporate policy as well as consumer appeal in the decades following the end of the Second World War, emerged as a key aspect of Volvo's outlook during the 1930s. In the 1950s Volvo cars began to capture new markets, as with the versatile and utilitarian Duett van and estate car of 1953, which proved highly attractive to businessmen and craftsworkers on account of its load-carrying capacity. The Duett of 1953 van and estate car very popular with business and crafts works for practicality and load-carrying capacity. The P1200 (later 120) Amazon also made a considerable impact, particularly on account of the flowing lines of its modern style, its appeal confirmed with the release of the estate version of 1962. Designed by Jan Wilsgaard, a dominant figure in Volvo design for more than 40 years, it was on sale for fourteen years from 1957, with sales of more than 667,000. The stylish P1800 sports car also injected some verve and joie de vivre into the company's products. Shown at the Brussels Motor Show of 1960 and building on a design idea of Wilsgaard and Helmer Patterson with styling initiated by the Italian body-styling company Ghia but completed by its associate company Frua, it was later driven by Roger Moore in the dashing title role of The Saint television series, based on the novels of Leslie Charteris. It remained in production until 1967. With disc brakes and collapsible steering wheel provided as standard, the Volvo 144 was launched in 1966 and was voted ‘Car of the Year’ and ‘the safest car in the world’. Although rather box-like the car sold well with sales of over half a million. For some years the square, rather functional look dominated and Volvo as a brand was associated with high levels of passenger comfort and safety. For many people this design went hand in glove with the ethos of the Swedish welfare state rather than the highly commercial styling associated with the majority of cars, particularly in the United States. In the 1950s Volvo had hired its first designer, Jan Wilsgaard, later head of styling from 1981 to 1991. He was succeeded by Peter Horsbury, under whose regime there was a much greater tendency towards flowing soft lines and curves, as in the 1996 S/V40 range developed jointly with Mitsubishi. The elegant Volvo S80 of 1998 commanded huge sales across the world and was able to compete with luxury BMW and Mercedes models. In 1971 the PRV company (Peugeot- Renault-Volvo), a Franco-Swedish enterprise, was formed, a partnership that ultimately failed, and in 1999 Volvo was bought by Ford.

 
 
Wikipedia: Volvo

Volvo Cars is the luxury car maker using the Volvo Trademark.

AB Volvo
Type Public (OMXVOLV B )
Founded 1926
Headquarters Flag of Sweden Gothenburg, Sweden
Key people Leif Johansson, President and CEO
Industry commercial vehicles
Products Trucks
Buses
Construction equipment
Automobiles
Drive systems for Marine and Industrial applications (Volvo Penta)
Aerospace components
Financial services
Revenue 258 billion SEK (2006)
Operating income 20.4 billion SEK (2006)
Employees 83,187
Website www.volvo.com

The Volvo Group is a Swedish supplier of commercial transport solutions providing products such as trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and financial services. The then auto manufacturer was founded on April 14, 1927 in the city of Gothenburg, as a spin-off from the roller ball bearing maker SKF. Volvo delisted from NASDAQ in June, 2007, but remains listed on the Stockholm exchange[1].

Volvo means "I roll" in Latin, conjugated from "volvere". The name Volvo was originally registered in May 1911 as a separate company within SKF AB and as a registered trademark with the intention to be used for a special series of ball bearing, but this idea was only used for a short period of time and SKF decided to use "SKF" as the trademark for all its bearing products.

The company AB Volvo had no activities until 10 August, 1926 when the SKF Sales Manager Assar Gabrielsson and Engineer Gustav Larson, after one year of preparations involving the production of 10 prototypes, set up the car-manufacturing business Volvo AB within SKF group. Volvo AB was introduced at the Stockholm stock exchange in 1935 and SKF then decided to sell its shares in the company.

The first series produced Volvo automobile, the Volvo ÖV 4, left the factory on 14 April, 1927 which became the official date for the founding of Volvo.

Volvo Group's history

The Volvo Group has its origin in 1927 when the first Volvo car rolled off the production line at the factory in Göteborg.[2] Only 297 cars were built that year.[3] The first truck, the Series 1, debuted in January 1928. In 1930, Volvo sold 639 cars,[4] and the export of trucks to Europe started soon after; the cars did not become well-known outside Sweden until after World War Two.[5]

Marine engines have been part of the Group almost as long as trucks. Pentaverken, founded in 1907, was acquired in 1935. As early as 1929, however, the U-21 outboard engine was introduced. Manufacturing continued until 1962.

The first bus, aptly-named B1, was launched in 1934, and aircraft engines were added to the growing range of products at the beginning of the 1940s.

On January 28th, 1998 Volvo Group sold its business area Volvo Car Corporation to Ford Motor Company for US$6.45 billion. The focus of Volvo Group is now largely set on commercial vehicles. The Group’s position in the area of commercial vehicles was further consolidated with the acquisition of Renault Trucks and Mack Trucks in 2001, and thus the roots branched off to both France and the US. The last ten years the company has undergone rapid growth in the service area with, for example, financial solutions supporting the sales of the manufacturing business units.

The Volvo trademark

Volvo Trademark
Enlarge
Volvo Trademark

The Volvo trademark, which has been built up over decades, enjoys a solid position worldwide. It is associated with the Group’s core values – quality, safety and environmental care. The Volvo trademark is now jointly owned (50/50) by Volvo Group and Volvo Car Corporation. In order to manage the Volvo trademark, the Volvo Trademark Holding AB was established.

The main activity of trademark holding is to own, maintain, protect and preserve the Volvo trademarks.

Sponsorship

Markus Brier, winner of the 2007 Volvo China Open
Enlarge
Markus Brier, winner of the 2007 Volvo China Open

One of the main promotional activities for the trademark is the sailing race Volvo Ocean Race, formerly known as the Whitbread Around the World Race. There is also a Volvo Baltic Race and Volvo Pacific Race, and Volvo likes to encourage its affluent image by sponsoring golf tournaments all over the world including major championship events called the Volvo Masters and Volvo China Open.

Volvo sponsored the Volvo Ocean Race, the world's leading round-the-world yacht race for the first time in 2001 - 2002. The next edition will take place as of 2008. Volvo has also had a long-standing commitment to the ISAF and is involved in the Volvo/ISAF World Youth Sailing Championships since 1997.

Volvo companies

Companies in the Volvo Group are:

Business units

The group companies are supported by a number of business units:

Alternative propulsion

Volvo ReCharge plug-in hybrid concept car, with 60 miles of all-electric range (AER), has been unveiled officially at the 2007 Frankfurt Auto Show[6]

See also

References

  1. ^ http://www.forbes.com/markets/feeds/afx/2007/06/14/afx3820156.html
  2. ^ Volvo 80 years
  3. ^ Georgano, G. N. Cars: Early and Vintage, 1886-1930. (London: Grange-Universal, 1985)
  4. ^ Georgano.
  5. ^ Georgano.
  6. ^ http://media.ford.com/newsroom/feature_display.cfm?release=25980 , http://jalopnik.com/cars/frankfurt-auto-show/volvo-recharge-plug+in-hybrid-concept-car-296913.php

External links


 
 

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Modern Design Dictionary. A Dictionary of Modern Design. Copyright © 2004, 2005 by Oxford University Press. All rights reserved.  Read more
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