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In 1995, VME became a fully owned Volvo company and changed its name to Volvo Construction Equipment. In 1998, Volvo CE became the first foreign company to invest in Korea. The acquisition of Samsung Heavy Industries (Construction Equipment Division) increased its sales and presence in Asia. In January 2007, Volvo purchased 70% of SDLG.
Volvo LV63 Truck 1929 Volvo L495 Titan Truck 1965 Volvo F88-49T Truck 1970. When Volvo manufactured its first automobiles in 1927, the first truck was already on the drawing table. In early 1928, the LV series 1 was presented to the public. Though by modern standards it was merely a truck, it was an immediate success and 500 units were sold ...
The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial ...
The latest alliance was announced Tuesday between Sweden's Volvo Group and California-based Aurora Innovation, building on a working relationship that dates back several years, the partners said.
In 1988, Volvo and General Motors merged their heavy truck divisions in North America, creating Volvo GM Heavy Truck Corporation and a new brand of trucks, White-GMC. Western Star was sold to Australian entrepreneur Terry Peabody in 1990. [ 41 ]
BlueLine Rental, formerly Volvo Rents, was an American company that rented construction equipment to contractors and retail consumers through a network of company owned stores. The company specialized in renting a variety of construction equipment, ranging from small tools and light towers to large earthmoving equipment.
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