Volvo

Incorporated in 1927, with headquarters located in Gothenburg, Sweden, the company operates primarily in business categories such as heavy-duty and medium-duty trucks, construction equipment, buses, marine and industrial engines, and financial services. While it also once included Volvo Cars in its brand portfolio, this division became independent after its sale to Ford Motor Company in 1999, and subsequently to Geely Holding Group in 2010. The portfolio of most important brands includes Volvo Trucks, Volvo Construction Equipment, Volvo Buses, Volvo Penta for marine and industrial engines, Volvo Financial Services, along with subsidiaries Mack Trucks, Renault Trucks, and UD Trucks. Markets of major significance span across Sweden, numerous other European countries, North America with a specific focus on the United States and Canada, Asia with China as a prominent market, as well as Latin America, Africa, the Middle East, and Oceania, which includes Australia. (Powered by AI)