The company group of Volvo is a Swedish supplier of the commercial solutions in transport vehicles, they are providing the products like the trucks, buses and building machinery, systems for driving for marine and industrial applications transports, they also have components for aerospace and financial services.
The automatic manufacturer then was founded, April 14, 1927 in the town of Gothenburg, as favors unexpected of manufacturer SKF. Volvo is delisted from the NASDAQ this year, last June, but the remainders are enumerated in Stockholm exchange.
Volvo refers to “I roll” from Latin, combined “volvere”. The Volvo named in the beginning was recorded in, 1911 the month of May as a company separated in SKF AB and due to the fact that have a registered mark and their intention to be employed for a special series in the ball bearing, but this thought has been only employed for one short period and SKF already choose to employ “SKF” as trademark for their products of bearing.
This company AB Volvo did not have any activity up to August 10, of 1926 when the person in charge for the sales of SKF Assar Gabrielsson and engineer Gustav Larson, after one year of preparations implying the production of ten prototypes, installed the businesses of car-manufacture Volvo ab at the group of SKF. Volvo ab was presented at the Stock Market of Stockholm in 1935 and SKF then decided to sell its shares with the company.