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The product name Clark Michigan was abbreviated to Michigan and the three brand names Volvo BM, Michigan, and Euclid were incorporated into the new company VME Group. 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 ...
BlueLine Rental was founded as Volvo Rents on July 2, 2001. [citation needed] Volvo Rents was a wholly owned subsidiary of the Volvo Group, which is a publicly held company headquartered in Gothenburg, Sweden. Volvo Rents had more 185 locations in North America. [1] As of May 2011, the company was number 17 on the annual RER 100. [2]
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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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In the late 1970s Volvo BM decided to focus on construction equipment and sell off its tractor and forest machinery business. Valmet was already bigger than Volvo BM in the tractor market and was keen to invest more in the business. Volvo BM and Valmet signed a letter of intent in November 1978, and the final agreement was signed on 1 October ...
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 ...