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The first Volvo truck rolled off the production lines in 1928, and in 2016 Volvo Trucks employed more than 52,000 people around the world. With global headquarters in Gothenburg, Sweden, Volvo manufactures and assembles its trucks in eight wholly owned assembly plants and nine factories owned by local interests. [ 2 ]
Volvo sponsored the Volvo Ocean Race, the world's leading round-the-world yacht race for the first time in 2001–02. The next edition was to take place between 2011 and 2012. Volvo has also had a long-standing commitment to the International Sailing Federation (ISAF) and is involved in the Volvo/ISAF World Youth Sailing Championships since 1997.
Mack Trucks is the fourth-largest employer in the Lehigh Valley region as of 2024. [6] Mack Trucks is one of the top producers in the vocational and on-road vehicle market, class 8 through class 13. [citation needed] Mack trucks have been sold in 45 countries.
The new owner of Swedish truck maker Volvo AB's former Russian plant has relaunched production after a near two-year hiatus, it said on Thursday, and plans to produce 2,000 trucks in 2024. Volvo ...
In 1931, Volvo acquired a majority of the Penta stock, and in 1935, Penta became a subsidiary of Volvo. For the engines used by Volvo Trucks, see List of Volvo Trucks engines. Previous owner, Ford Motor Company, allowed Volvo to continue to design their own engines, with a new-generation straight-six engine introduced in 2006.
The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial ...
Sweden's AB Volvo has picked Monterrey in northern Mexico as the site for its new North American heavy-duty truck factory and expects construction to cost $700 million, it said on Friday. Volvo ...
Martin Lundstedt (born 28 April 1967 in Mariestad, Sweden) is a Swedish businessman and has been President and CEO of the Volvo Group since 22 October 2015. He has 25 years experience in development, production and sales within the heavy automotive industry.
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