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Production halted in 1993 [15] Resumed production in 1997 as Auto Nova through a joint venture between Volvo Cars and Tom Walkinshaw Racing [15] Became Pininfarina Sverige in 2003 through a joint venture between Volvo Cars and Pininfarina [15] Shut down (2013) Bengaluru Plant. Bengaluru, India. 2015–Present.
Polestar. Polestar is a Swedish automotive manufacturer that produces electric cars. Owned by Volvo Cars, the company is headquartered in Torslanda outside Gothenburg, Sweden. [5] With an " asset -light" approach in development and manufacturing, Polestar does not have its own manufacturing facility. [6]
Volvo was founded in 1927. Initially involved in the automobile industry, Volvo expanded into other manufacturing sectors throughout the twentieth century. Automobile manufacturer Volvo Cars, also based in Gothenburg, was part of AB Volvo until 1999, when it was sold to the Ford Motor Company.
Volvo reported strong sales from all three core global regions. Sales in Europe rose 10% in 2015 to 269k, representing over 50% of total global volume. Volvo's revival in the US gained momentum, with sales up 24% in 2015, while China was flat amid a challenging sales environment, but sales were up 11% in the fourth quarter. [41]
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Caterpillar Inc., also known as Cat, is an American construction, mining and other engineering equipment manufacturer. [6] The company is the world's largest manufacturer of construction equipment. [3][7][8] In 2018, Caterpillar was ranked number 73 on the Fortune 500 list [9] and number 265 on the Global Fortune 500 list. [10]
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