In the early seventies Volvo acquired the passenger car department Dutch company of the DAFS and marketed its small cars as Volvos, before he released the Dutch-arranged Volvo 340, which continued, to one of the wholesale cars in the BRITISH market in the eighties to be Volvo group, as one of the largest manufacturers of the commercial carriers in the world, took the initiative, in order to sell its automobile production 1998, in order to direct its efforts toward the market for commercial carriers completely.
Ford saw on the other hand advantages, if it acquired profitable prestige intermediary size a European car manufacturer, well famous for his security of aspects, than adding to its automotive Group.
The buy-back of the Volvo cars was announced 1998 on January 28, and in the following year the acquisition was accomplished at a price by $645 billion USD. Resulting from the repulsion of capital abilities the Volvo registered trade marks is used now by two different companies:
• Volvo group – a manufacturer of the commercial carriers, the etc. possessed by Swedish interests. * Volvo car – a manufacturer of the automobiles possessed by Ford Engine Company, in its automotive Group.
• Volvo Car Corporation is a part of the FoMoCo PAGS beside Jaguar-und land vagabond of Great Britain. Since its acquisition into the PAG, which grew the company in its distance of the carrier and year by year a larger competitor in the Luxux will segment increasingly.
• Volvo reached not the heights of MERCEDES BENZ and competes Jaguar or even sporty/luxury the manufacturer BMW and Audio. Volvo evenly with Acura, Cadillac, Lincoln and Saab.