AB Volvo is currently a Swedish manufacturer of commercial vehicles, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services.
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Originally Volvo began in 1927 in the city of Gothenburg, as a spin-off from roller ball bearing maker SKF. Volvo Cars, the automobile manufacturer was spun off from AB Volvo to enable more focus on their core business. The Volvo trademark has been owned by the Ford Motor Company since 1999 in a 50/50 arrangement between Volvo and Ford Motor Company.
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