Volvo (Sweden)

The Volvo name is among the best-known in the international automobile industry, even if its sales fall well behind those of other US and European manufacturers. In particular the brand is renowned for its introduction in 1959 of perhaps the most significant development in automotive safety, the three-point safety belt. Despite the shared brand name, Volvo and Volvo Cars have been two entirely separate companies since the end of the 1990s. AB Volvo Group of Sweden is currently the world's second-largest manufacturer of commercial transport (behind Daimler), and the #1 in Europe by market share. It has a close relationship with France's Renault and also makes trucks under the Mack and UD banners. However its worldwide passenger car business was sold in 1999 to Ford, becoming Volvo Cars Corporation. The performance of that business has been weak for several years, and Ford finally confirmed it was putting the Volvo car business up for sale in 2009. Terms were agreed for the brand to be acquired by Chinese manufacturer Geely, with completion scheduled for mid 2010.

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Volvo Group website / Volvo Cars website

Volvo Trucks	Volvo Penta
Renault Trucks	UD Trucks
Volvo Construction Equipment	Mack Trucks

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