VOLVO Cars & vehicles Volvo Personvagnar AB, in the world market is known as Volvo Car Corporation or Volvo Cars - the Swedish automotive company, the manufacturer of cars of brand Volvo. Previously, Volvo Personvagnar was part of the Volvo concern. Since 2010, the company belongs to the holding company Geely Automobile. The word “Volvo” comes from the Latin language and was originally the slogan of the parent company - the famous SKF. Literally the name can be translated as “I’m spinning” or “I’m spinning” (Latin Volv is torsion), but with time the version “I roll” has settled.
The headquarters are in Gothenburg, Sweden. In 2015, 503 127 new Volvo cars were sold worldwide (an increase of 8.0% compared to 2014). Volvo Cars for the first time in its history exceeded the milestone in 0.5 million cars sold. The largest markets are China (more than 81 thousand cars sold), Sweden (more than 71 thousand), the USA (more than 70 thousand)
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