The first Volvo, an ÖV4,
drove through the factory gates in Göthenburg around 10AM on April
14th, 1927. To celebrate 85 years of building its uniquely Swedish cars,
Volvo President and CEO Stefan Jacoby recreated the moment along with
Olof Persson, President and CEO of the Volvo Group (the truck-building
Volvo).
From a modest start – Volvo only sold 300 cars in its first year – the
company built its business by building solid trucks and buses that help
earn the profits to support the car business that took off like wildfire
with the eventual introduction of the PV444. Volvo Car Corporation and
the Volvo Group are separate companies now, with China's Geely owning
the automotive side of the business, but they'll be forever joined by
that spring day in 1927. The press release can be seen by scrolling down.
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