Volvo (Volvo), the famous Swedish luxury car brand, was translated as a rich. The brand was founded in 1927 in Gothenburg, Sweden, the founder is Gustav Larsen and Arthur Gibson. Volvo Group is the world's leading manufacturer of commercial transportation and construction equipment, mainly to provide trucks, buses, construction equipment, ship and industrial application drive systems and aircraft engine components; and financial and after-sales service a full set of solutions. In 1999, Volvo Group will be its Volvo car business sold to the United States Ford Motor Company.

    In 2010, China's auto company Zhejiang Geely Holding Group from the hands of Ford bought Volvo car business, and access to the Volvo car brand ownership.

    On April 8, 2014, Volvo announced the suspension of an agreement with a Russian company to develop an infantry armored combat vehicle because of the uncertainty caused by the Ukrainian crisis.

Volvo Group (English: ABVolvo), now the Swedish company that produces trucks, buses, construction equipment, yachts and industrial engines, was founded in Göteborg in 1927. Volvo word, originally for Latin, intended to "roll forward".