Volvo вЂ™s cars and trucks were extremely sturdy and, by many measures, better assembled than American and other European models. Profits from truck sales financed the operation for the next 20 years. As auto sales remained slow and their profits only marginal, the truck models consistently sold out.

Volvo trucks, equipped with in-line six-cylinder engines, became extremely popular. The first model, introduced in 1928, was, in fact, from a design that predated the GL by four months. With 60 workers turning out five cars a week, the company proceeded with plans to manufacture a truck. Volvo, however, could have done without the comical episode. The mistake took only ten minutes to correct.

To the horror of all involved, it was discovered that the differential had been misconnected, resulting in a car that had three gears in reverse and only one gear for forward motion. The first production model, an Г“V4, later called the вЂњJakob, вЂќ rolled out of the factory on April 14, 1927. The original design, a car called the GL, or вЂњLarson, вЂќ was assembled at an abandoned SKF ball bearing factory at Hisingen, near G Гіteborg, from parts ordered out of various supplier catalogs from throughout Europe and the United States. The primary owners were Larson and Gabrielsson.ДЄfter agonizing over dozens of designs, the two partners settled on a simple model that would negotiate Swedish roads, with their snow, mud, steep hills, and millions of potholes, especially well. Independently incorporated, hence the title aktiebolaget, or вЂњAB, вЂќ the venture itself was only informally associated with SKF. SKF named the secret project Volvo -Latin for вЂњI roll вЂќ -a dormant product name the company had introduced in 1915 for a line of ball bearings. Larson was an engineer with substantial experience in Britain, having worked for the English company White & Poppe. Gabrielsson, who had represented SKF in France and the United States, was a ball bearing salesperson who had closely studied American automobiles. Assar Gabrielsson and Gustav Larson started the project. A year later, with the encouragement of the Swedish Association of Engineers and Architects, SKF began a confidential study of the feasibility of manufacturing its own car. In 1924, Scania Vabis ceased production of what had been Sweden вЂ™s only domestically built automobile to concentrate on more profitable trucks. Volvo began as a subsidiary of Svenska Kullagerfabriken (SKF), a large Swedish industrial company. Despite recent difficulties in its core export dependent car operations, the company has proven to be a resilient and resourceful survivor. Renowned for its practical, high quality trucks and automobiles, Volvo also is involved in several other industries, including pharmaceuticals, food, publishing, finance, and insurance. Volvo is Sweden вЂ™s largest industrial company and its last independent automobile manufacturer. SICs: 3711 Motor Vehicles and Car Bodies 3531 Construction Machinery 3519 Internal Combustion Engines, Nee 2038 Frozen Specialties, Nee 3724 Aircraft Engines and Engine Parts Stock Exchanges: Stockholm London D#x00FC sseldorf Frankfurt Hamburg Oslo Paris NASDAQ Brussels Antwerpen Tokyo Zurich Basel Geneva Incorporated: 1926 as a subsidiary of AB Svenska Kullagerfabriken (SKF)

Volvo bus deutschland