Volvo 140 Owning Up to Its Personal Space in Automobile History
In its own history, Volvo is a Swedish world leading manufacturer of commercial vehicles, buses, and construction equipment, drive systems for marine and industrial applications, aerospace components and service, and this group also provides complete solutions for financing and service. Volvo Cars, however, which is the manufacturer of automobiles that we know at present, has since been owned by the Ford Motor Company starting the year 1999.
The name Volvo is a Latin word that means I roll. This name surely fits well as a description of their products vehicles that the company crafts. However, originally, it is a name for a ball bearing that was being developed by the company which, at that time, provided funding to a small number of employees for them to be able to set up the car manufacturing business. Today, the Volvo Group has been manufacturing vehicles in twenty five countries with its sales in more than 185 markets around the globe.
Some of the reasons why Volvo had took the initiative to sell the automobile manufacturing was because of the increasing development costs for new car...
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