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Beginning. The company was founded in Gothenburg (Sweden) in 1927.
Development. The owner of the brand was to 1999 group AB Volvo. Volvo Cars was later taken over by the American Ford.
Today. On 29 March 2010, Volvo was sold to Chinese company - Geely Automobile - for the amount of $ 1.8 billion. The company was founded in 1986 and initially dealt with the production of refrigerators, from 1992 motorcycle parts and complete motorcycles since 1994. Since 1998, Geely manufactures its cars.
Contribution to the automotive industry. Volvo is known for its high safety standards. In 1958, Nils Bohlin, the Volvo engineer, developed and patented the modern three-point safety belt system, which was introduced to all Volvo cars in 1959. The company developed in 1964, the first child seat that was reversed rearward. Since 1986 light "stop" were mounted in cars Volvo high. In 1991, the company showed three-point safety belts, which protect the passenger riding in the middle seat rear bench. Since 1996 all Volvo models are equipped with side airbags, and two years later introduced curtain airbags (on some models). According to research, the latter allows to reduce the security risk of death by 40 percent. in the event of a side impact. In 2004, Volvo introduced the BLIS system the car that detects vehicles driving in the blind spot. However, according to the American Institute for Highway Safety, in 2009 S40 and S60 models have not reached the highest safety standards (in the side impact test). In recent years, however, the car Volvo received the highest marks (models XC90, S80 and C70).
Trivia. Company cars are associated with very high mileage. In 1966 he defeated the model P1800 2.8 million kilometers, which is recorded in the Guinness Book of Records. According to some data, the average age of a Volvo is 19.8 years (only more durable Mercedes).
Contemporary models of Volvo: Volvo S40, Volvo S60, Volvo V50, Volvo V60, Volvo V70, Volvo S80, Volvo XC60, Volvo XC70, Volvo C70, Volvo C30.