Volvo Car Corporation appoints Nick Connor Managing Director of Volvo Car UK Ltd
Wed, 16 May 2012 13:00:00 GMT
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The Volvo Group has its origin in 1927 when the first Volvo car rolled off the production line at the factory in Gothenburg. Only 280 cars were built that year. The first truck, the "Series 1", debuted in January 1928, as an immediate success and attracted attention outside the country. In 1930, Volvo sold 639 cars, and the export of trucks to Europe started soon after; the cars did not become well-known outside Sweden until after World War II.
On 28 January 1999 Volvo Group sold its business area Volvo Car Corporation to the Ford Motor Company for US$6.45 billion, with the resulting group largely set on commercial vehicles. Volvo Cars was then sold to China's Zhejiang Geely Holding Group in 2010.
Volvo produces models ranging from SUVs, estates, and saloons, to compact executive and coupes. With approximately 2,300 local dealers from around 100 national sales companies worldwide, the US is Volvo Cars' largest market, followed by Sweden, the United Kingdom, China and Germany.
Volvo is known for its high safety standards. Owners are often proud of achieving high mileage; one well-documented 1966 Volvo P1800 has been driven over 2.8 million miles, a Guinness World Record for most miles driven by a single owner in a non-commercial vehicle. According to some figures, the average age of a Volvo being discarded is 19.8 years.
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Volvo Car Corporation appoints Nick Connor Managing Director of Volvo Car UK Ltd
Wed, 16 May 2012 13:00:00 GMT
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