Volvo Group

he Volvo Group, known officially as Aktiebolaget Volvo and styled as VOLVO, is a prominent Swedish multinational manufacturing corporation based in Gothenburg. Established in 1927, Volvo initially started in the automobile industry but expanded into other sectors, notably producing trucks, buses, and construction equipment. Volvo stands out as a major player in the global market, especially noted as the world's second-largest manufacturer of heavy-duty trucks as of 2016 through its subsidiary, Volvo Trucks.

Volvo's journey also includes the production of marine and industrial drive systems, and the provision of financial services. Notably, Volvo Cars, a former part of AB Volvo, was sold to Ford Motor Company in 1999 and later acquired by Geely Holding Group in 2010. Despite this separation, AB Volvo and Volvo Cars share a common heritage, including the iconic Volvo logo and the joint operation of the Volvo Museum in their hometown of Gothenburg. This shared history and values are a testament to Volvo's enduring legacy and commitment to innovation.

Volvo's long-standing presence in the financial markets is marked by its listing on the Stockholm Stock Exchange since 1935 and its past inclusion in the NASDAQ indices from 1985 to 2007. As one of Sweden's largest corporations in terms of market capitalization and revenue, Volvo remains a key figure in both national and global manufacturing landscapes, reflecting a rich history of innovation and expansion across various sectors.

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