Filed under: Classics, Etc., Volvo
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.
Continue reading Volvo celebrates 85 years by repeating history
Volvo celebrates 85 years by repeating history originally appeared on Autoblog on Mon, 16 Apr 2012 07:59:00 EST. Please see our terms for use of feeds.
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