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Volvo Financial Services (VFS), established in 2001, offers financial services for Volvo Group's brands. VFS' global headquarters are located in Greensboro, North Carolina, USA. A global organization serving nearly 50 markets, VFS focuses exclusively on providing financial services and solutions to the Volvo Group's internal and external customers.
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Between 2019 and 2021, Volvo plans to launch three electric cars under the Volvo brand and two more under the Polestar performance brand. [43] Volvo is one of the proponents of autonomous vehicles. On 20 November 2017, Uber announced that it planned to buy up to 24,000 Volvo cars designed to accept autonomous technology between 2019 and 2021.
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 ...
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In 1995, VME became a fully owned Volvo company and changed its name to Volvo Construction Equipment. In 1998, Volvo CE became the first foreign company to invest in Korea. The acquisition of Samsung Heavy Industries (Construction Equipment Division) increased its sales and presence in Asia. In January 2007, Volvo purchased 70% of SDLG.
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