Which country is Volvo from?
1 Answers
Volvo is a renowned Swedish luxury car brand, once translated as 'Fuhao' in Chinese. The brand was established in 1927 in Gothenburg, Sweden. In 1999, the Volvo Group sold its Volvo car division to the American Ford Motor Company. Volvo started with the production of cars. Its founders, Swedes Gustaf Larson and Assar Gabrielsson, originally worked for SKF, a well-known Swedish ball bearing manufacturer. Larson was an engineer, while Gabrielsson was an international marketing manager with an economics background. Due to their foresight and passion for automobiles, they successfully persuaded SKF's board of directors in September 1925 to borrow the company's factory in Torslanda for the assembly of prototype cars. On August 10, 1926, they received authorization to officially begin mass production of new cars. Volvo's first product was the Volvo ÖV4 convertible, which went on sale on April 14, 1927.