A Brief Background of Volvo
Volvo was developed as a subsidiary of Swedish business SKF. The first Volvo automobile completed production on April 14, 1927, and was called the Volvo OV 4. The Volvo PV444 passenger car was launched in 1944 and entered manufacturing in 1947. The first Volvos entered the United States in 1955, beginning in California then expanding to Texas and by 1956, the entire nation. In the 1970s, Volvo acquired the passenger car division of the Dutch business DAF and released the Dutch-built Volvo 340, which became one of the most popular cars in the UK in the 1980s. In 1986, Volvo sold a record 113,267 automobiles in the USA.
In 1999, Volvo Group determined to sell its automobile manufacturing business in order to focus on industrial automobiles, and to buy a 5% stake in Japanese automaker Mitsubishi Motors. That same year, on January 28, 1999, the buyout of Volvo Cars by Ford Motor Company was introduced for $6.45 billion. Today, the Volvo logo is used by Volvo Group (a maker of buses, trucks, as well as building equipment by Swedish interest) and also by Volvo Car Corporation, a producer of cars possessed by Ford Motor Company. Under Ford, Volvo automobiles ended up being a lot more upmarket, among the lower end of Mercedes as well as BMW. The outcome was the Volvo S80 and also the compact crossover Volvo XC60. However, the economic crisis of 2008 put Volvo in an economically withering setting, and Ford offered the company to Geely Team Holdings Co. in China.
Today, Volvo Cars is one of the most well-known and reputable premium car brands. Over 705,000 Volvos were sold around the world in 2019, and the business employs over 41,000 people. The head office of Volvo remains in Gothenburg in Scandinavia, with local offices in Rockleigh as well as Shanghai, R&D facilities in the Silicon Valley in California, and also design facilities in Camarillo, Gothenburg as well as Shanghai. Volvo manufacturing plants remain in Sweden, Belgium, and also China. The company has 2,300 dealers all over the world.
Volvo Cars’ Safety Vision is one of the most ambitious in vehicle history. Volvo constantly collects accident information and runs numerous computer simulations and physical collision tests to develop world-first security technology that they show to society. Volvo also cares deeply about sustainability. By 2035, Volvo anticipates one third of their automobiles will be entirely electric.
Your Trusted Shop for Volvo Repair
When your Volvo needs repairs, you can bring your car to SJM AutoWerks in Lake in the Hills. Our highly trained mechanics receive ongoing training in automotive technology and auto repair services, and will offer you dealer quality knowledge and experience without dealership pricing. Your car will go through an inspection and safety check, and all needed repairs will be thoroughly explained for your approval. We will never recommend repairs that aren’t absolutely necessary. So why not give us a try? If you are in Lake in the Hills or surrounding areas, schedule an appointment at SJM AutoWerks today! You can schedule an appointment with us online or give us a call at 815-477-9735.