Volvo Personvagnar AB - a Swedish automotive company, a manufacturer of cars, "Volvo". Earlier, Volvo Personvagnar was a concern Volvo, but in 1999 the concern Volvo sold it to Ford. Translated from the Latin «volvo» means "I'm better" or "I roll". Headquarters - in Gothenburg, Sweden. The company was founded in 1915 by Assar Gabrielson (Swedish Assar Gabrielsson) and Gustaf Larson (Swedish Gustaf Larson) as a subsidiary of the well-known bearing manufacturer SKF. April 14, 1927 the first production car was produced at the factory Volvo. Already in 1935, Volvo gains full independence from SKF.