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In December 2019, Asbury agreed to buy Texas-based Park Place Dealerships, a collection of luxury vehicle dealerships in the Dallas/Fort Worth area, for $1 billion. [15] On March 24, 2020, the deal was canceled amid concerns due to the COVID-19 pandemic. [16] However, a modified deal was reached on July 6 of that year [17] which closed on ...
Second Volvo Car plant outside Sweden: Assembly (1965–1972) Manufacturing (1972–present) XC40, V60, C40, EX30 (2025-) [5] Worldwide Debut model: Volvo Amazon: Previously named Volvo Cars Europe Industry (1965–2007) Halifax Plant Volvo Halifax Assembly (VHA) 3: Halifax, Nova Scotia, Canada: 1967–1987 [2] Debut model: Volvo 144: Assembly ...
Volvo cars have long been marketed as safe and the company has stressed their historic reputation for solidity and reliability in marketing campaigns. Volvo uses high-tech safety systems as standard equipment in new vehicles. [citation needed] Prior to strong government safety regulation Volvo had been at the forefront of safety engineering. [56]
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 ...
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