Is Volvo a German or American Car?
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Volvo is an automobile brand originating from Sweden and does not fall under the category of German or American cars. The brand was established in 1927 in Gothenburg, Sweden. In 1999, the Volvo Group sold its Volvo Cars division to the American Ford Motor Company. Volvo's main vehicle models include the Volvo C30, Volvo S60, Volvo V60, Volvo S60, Volvo S80L, and Volvo XC90, among others. Key milestones in Volvo's development are as follows: In 1933, Volvo introduced its first concept car, the Venus Bilo. In 1969, Volvo acquired Svenska Stalpressnings AB, which had been supplying body components since 1927. In 1994, the Volvo Cars China Representative Office was established in Beijing on January 27. In 2001, the first diesel engine independently designed and developed by Volvo Cars received positive market feedback. In 2008, the new XC60 was launched, featuring the City Safety system as standard equipment. In 2021, Swedish Volvo Cars announced that it would commence in-house production of batteries for pure electric vehicles (EVs) starting from 2026.