Volvo Cars is a Swedish multinational manufacturer of luxury vehicles headquartered in Torslanda, Gothenburg.
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Volvo Cars is a Swedish multinational manufacturer of luxury vehicles headquartered in Torslanda, Gothenburg.
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Volvo Cars has been separate from its former parent conglomerate and producer of heavy trucks, buses, and construction equipment AB Volvo since 1999 when AB Volvo sold its automobile division Volvo Cars to Ford Motor Company.
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In March 2021, Volvo Cars announced that it would be a fully electric brand by 2030.
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Volvo Cars was founded upon the concept of safety in 1927, in Gothenburg, Sweden:.
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Trademark Volvo Cars was first registered by SKF on 11 May 1915 with the intention to use it for a special series of ball bearing for the American market but it was never used for this purpose (however in the application for the trademark, it was designated for the purpose of automobiles).
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In 1963, Volvo Cars opened the Volvo Cars Halifax Assembly plant, the first assembly plant in the company's history outside of Sweden, in Halifax, Nova Scotia, Canada.
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In 1964, Volvo opened its Torslanda plant in Sweden, which currently is one of its largest production sites.
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In 1986 Volvo sold 113, 267 cars in the US marking a record year for the company.
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Volvo Cars nearly merged with Saab in the late seventies, while in 1978 an aborted affair would have seen the Norwegian state take over 40 percent of the company.
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In return, Volvo Cars would receive 200 million SEK and a ten percent concession in the Oseberg oil field.
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The buyout of Volvo Cars was announced on 28 January 1999, and in the following year the acquisition was completed at a price of US$6.
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Ford decided to restructure plans for Volvo Cars, pushing it further upmarket, alongside the lower end of Mercedes and BMW sedans, wagons, and SUV crossovers.
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In 2015, Volvo sold more than half a million cars for the first time in its 89-year history.
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Volvo Cars reported strong sales from all three core global regions.
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Implementation of the announcement could mean Volvo Cars becoming the first manufacturer to end production of internal combustion-only vehicles, with all vehicles hybrid or electric powered.
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On 20 November 2017, Uber announced that it planned to buy up to 24, 000 Volvo cars designed to accept autonomous technology between 2019 and 2021.
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In 2021, Volvo Cars set up a joint venture with Geely for its hybrid engine operations.
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Volvo Cars uses high-tech safety systems as standard equipment in new vehicles.
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Additionally, Volvo Cars developed the first rear-facing child seat in 1964 and introduced its own booster seat in 1978.
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In 1994, to add to its SIPS, Volvo Cars was the first to introduce side airbags and installed them as standard equipment in all models from 1995.
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In 1995, the Volvo Cars 745 was recalled as the front seatbelt mounts could break in a collision.
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In 1998, Volvo Cars installed a head-protecting airbag, which was made standard in all new models as well as some existing models.
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In 1998, Volvo Cars introduced its Whiplash Protection System, a safety device to prevent injury to front seat users during collisions.
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In 2004, Volvo Cars introduced the Blind Spot Information System, which detects vehicles entering the vehicle's blind spot with a side-view-mirror-mounted camera, and alerts the driver with a light.
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In 2005, Volvo Cars presented the second generation of Volvo Cars C70, which came with extra stiff door-mounted inflatable side curtains dubbed 'DMIC'.
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Volvo Cars has patented all its safety innovations, including SIPS, WHIPS, ROPS, DSTC, and body structures.
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In 2005, when the American non-profit, non-governmental Insurance Institute for Highway Safety released its first annual "Top Safety Picks" vehicles list, none of Volvo Cars's offered vehicles in the US were included on the list.
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Dan Johnston, a Volvo Cars spokesman, denied that the company's vehicles were any less safe than the institute's top-rated vehicles, adding that.
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However, according to the IIHS, in recent years Volvo cars have still managed to maintain their high class safety ratings as seen in test results.
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The second generation Volvo Cars V40 got the best test result of any car model ever tested by Euro NCAP at the time.
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In July 2017, Volvo Cars announced that new models launched from 2019 onward would be fully electric or hybrid-electric, heralding the end of production of nearly a century of Volvo Cars vehicles powered solely by the internal combustion engine.
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In 2019, Volvo announced that it plans to produce only electrified cars from the year 2040 onwards.
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Volvo Cars dropped the meaning of the final digit for later cars like the 740, but the digit continued to identify cars underhood on the identification plate.
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When Volvo Cars introduced the first generation S40 and V40 in 1995, they were announced as the S4 and F4.
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Volvo Cars agreed to add a second digit, so the vehicles became the S40 and F40.
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In 2019, Volvo announced that it plans to produce only fully electrified cars from the year 2040 onwards.
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In March 2021, Volvo Cars doubled down on these plans and committed to being an electric-only car maker by 2030.
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In 2005, Volvo Cars introduced to the Swedish market the company's first E85 flexifuel models.
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Volvo Cars introduced its S40 and V50 with flexible-fuel engines, joined in late 2006 by the then new C30.
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All Volvo Cars models were initially restricted to the Swedish market, until 2007, when these three models were launched in eight new European markets.
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On 1 June 2009, Volvo Cars announced the launching of series production diesel-electric plug-in hybrids by 2012.
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Volvo Cars uses in-line, or straight engines in their production vehicles.
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Volvo Cars is known for the application of the in-line 5-cylinder engine to its vehicle line up since its introduction in 1991 in the Volvo Cars 850.
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In 1964, Volvo Cars made heavy investments in the Safari Rally, entering four Volvo Cars PV544s in the 1964 competition.
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Volvo Cars entered the European Touring Car Championship with the Volvo Cars 240 Turbo in the 1980s.
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In 1985, Volvo Cars signed Swiss engine guru Ruedi Eggenberger to run its works team through Eggenberger Motorsport.
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Volvo Cars contracted Belgian based team RAS Sport to be its works team in the ETCC in 1986, following Eggenberger moving to race Ford Sierra's.
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Volvo Cars saw success in the Deutsche Tourenwagen Meisterschaft, with a 240 Turbo driven by Per Stureson winning the 1985 DTM.
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Volvo Cars entered the British Touring Car Championship in the 1990s with Tom Walkinshaw Racing.
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TWR then built and ran the works 850 Saloon, with six wins in 1995, and five wins in 1996, and a S40, with one win in 1997 in the BTCC, as well as Volvo Cars placing third in the Manufacturers Championship, both in 1995 and 1996.
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In 1998, TWR Volvo Cars won the British Touring Car Championship with Rickard Rydell driving the S40R.
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Volvo Cars drove an 850 saloon in the 1996 Australian Super Touring Championship, placing sixth in the Drivers' Championship.
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Volvo Cars regularly entered the S60 in the Swedish Touring Car Championship, where it finished 2nd in the drivers' championship twice and won the manufacturers' title once.
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In 2008, Volvo Cars entered the Swedish Touring Car Championship with a C30 powered by bioethanol E85 fuel.
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Volvo Cars had signalled their intentions to enter the 2009 British Touring Car Championship with the same car.
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Volvo Cars has, since the 1950s, had special international sales programs for customers assigned abroad, for example Diplomat Sales, Military Sales and Expat Sales.
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In 2011, Volvo Cars is the main sponsor of the winter sports and music festival Snowbombing in Austria.
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In 2015, Volvo Cars signed a deal with Chennaiyin FC, a football franchise team of the Indian Super League as a side shirt sponsor.
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In 1990, Volvo Cars filed a lawsuit against Hong Kong-based Club Volvo night club for infringement in Hong Kong High Court.
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Since then, Club Volvo Cars had been renamed to Club Borubo, and then Club Bboss (reference to Big Boss).
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