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The Volvo Deal was a plan for industrial cooperation between Norway and Sweden whereby Norway would get 40% of the shares of the Volvo car manufacturing concern, while Volvo would get control over oil resources on the Norwegian continental shelf. [1]
Volvo launched an important new model, the 300 series hatchback, in 1976, which sold well in Sweden and in many other parts of Europe, including the United Kingdom, where it was the best selling foreign car in 1982 and remained among the most popular imports there for the rest of the decade. The 300 was initially only available as a three-door ...
Collaboration between Volvo Cars and its parent company Geely: Polestar (2017–present) Geely through Volvo Cars in 2015 (1996–2017) as tuner and racing team Scania AB (1911–present) Traton of Volkswagen Group: Volvo Group (1927–present) [1] Volvo Cars (1927–present) Geely (2010–present) Acquired by Ford from Volvo Group in 1999 ...
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TOKYO/STOCKHOLM (Reuters) - Sweden's Volvo AB will sell its Japan-based UD Trucks business to Isuzu Motors in a deal worth around $2.3 billion, exiting a low-margin business and boosting its cash ...
Volvo and Northvolt are building a gigafactory in this city that will produce enough batteries for about 500,000 vehicles a year.
First Volvo Car plant outside Sweden [3] Assembly [2] Canada Third non-domestic automobile plant in North America Debut model: Volvo Canadian [4] Canadian assembly shifted to Halifax Plant (1967) [2] Ghent Plant Volvo Car Gent (VCG) YV1: 2: Ghent, Belgium: 1965–present: Second Volvo Car plant outside Sweden: Assembly (1965–1972 ...
Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Gothenburg, Sweden. [6] The corporation was first listed on the Stockholm Stock Exchange in 1935, and was on the NASDAQ indices from 1985 to 2007. [7] Volvo is one of Sweden's largest companies by market capitalisation and revenue. [8]