Volvo automobile Corporation
Volvo automobile Corporation, or Volvo Personvagnar AB, is a Swedish premium automobile manufacturer, headquartered
within the VAK building in Goteborg, and in hand by Zhejiang Geely Holding cluster of China.
Volvo automobile Corporation was supported in 1927, in Goteborg, Sweden, originally as a subsidiary to the needle
bearing maker SKF.] once Volvo AB was introduced on the Swedish securities market in 1935, SKF sold most of the
shares within the company. Volvo Cars was in hand by AB Volvo till 1999, once it had been nonheritable by the Ford
Motor Company as a part of its Premier Automotive cluster. Geely Holding cluster then nonheritable Volvo Cars from Ford in 2010.
Volvo Cars manufactures and markets auto vehicles, station wagons, sedans, compact govt sedans, and coupes. With
some two,300 native dealers from around a hundred national sales firms worldwide, Volvo Cars\’ largest markets ar
the u. s., Sweden, China and Belgium. In 2011, Volvo Cars recorded international sales of 449,255 cars, a rise of twenty.3% compared to twenty.
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