History of Volvo truck company
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History of Volvo Volvo is a Swedish heavy industry company, which manufactures heavy vehicles and related components. Among the products of this company are trolleys, trucks, buses, transportation and structural equipment, marine and industrial propulsion systems, aerospace equipment and providing financial services. The Volvo company is one of the car brands that has a great contribution in the formation of the automobile industry in the world; Because the activities of this brand are not limited to car production and it plays a big role in the industry. This company, like other brands, has gone through many ups and downs to become one of the world's automotive giants. The Volvo brand name is a family of safety, quality and reliability. Volvo has historically been known for practicality since its inception. Volvo, a Swedish company, started its activities in Gothenburg, Sweden in 1924. The company was launched with the investment of SKF Company. Initially, Volvo was launched as a subsidiary of SKF Company. After the passage of time and the changes that occurred in 1927, it left the subsidiary of this company and continued its activities independently. The first Volvo 1 Series truck was presented in January 1928. which had a very quick success in sales and other countries also became interested in buying this truck. This truck had a 2-liter 4-cylinder engine with a power of 28 horsepower. The export of Volvo trucks to Europe began in the 1930s. The main goal of the company's founders was that safety should always be the basic principle in design work. Focusing on safety, durability and quality was part of the company's development from the beginning. The first bus was called Bay One, which was introduced in 1934. The production of aircraft engines was added to the company's products in the early 1940s. With the acquisition of Renault and Mack trucks in 2001, Volvo Group's position in the truck market was strengthened and the company's roots entered France and America. During the years 2006 and 2007, Volvo Company; Obtained the license to manufacture the Japanese U-D truck. This company was one of the subsets of the American Ingersoll Rand company, which operated in the field of road machinery. He also held most of the shares of Lingong, one of the largest loader manufacturers in China. In May 2008, Volvo signed an agreement to produce buses and trucks with the Indian company Eicher Motors. After ten years, the Volvo Group has achieved strong growth in the financial sector to support sales and business. According to the culture of this company, it has a very stable foundation, which has stood up to problems. and is a leading supplier in the world for commercial transportation. Currently, Volvo manufactures heavy vehicles such as trucks, buses, etc. And its automotive part is managed by Geely.
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