Side Impact Protection System (SIPS) was introduced in 1991 and was the first car company to introduce side airbags in 1994. In the 1990s, safety innovation continued with Volvo. It then introduced its own booster seat in 1978. Volvo actually designed the first ever rear-facing child seat in 1964. Throughout the years and despite transfers of ownership, Volvo cars have been known for being solid and reliable with its safety engineering as one of its primal cores. The chosen buyer was Zhejiang Geely Holding Group, the parent company of Chinese motor manufacturer Geely Automobile and the deal was finalized in 2010. Swedish officials also became deeply concerned with the possibility that Ford would file for bankruptcy after troublesome mass layoffs. Geely Automobile (2010-present)įord then offered Volvo Cars for sale after a global economic crisis plagued the United States in 2008. This was achieved after Ford opted to make restructuring plans for the car brand. Volvo Car’s collaboration and tenure with Ford saw the creation of Volvo S80 and Volvo XC60, which received international recognition. The company sold its car division to Ford Motor Company in 1999 for $6.45 billion where it was placed within the Premier Automotive Group with other luxury brands: Jaguar, Land Rover, and Aston Martin. In the 1980s, Volvo’s best-selling car in the United Kingdom was the Dutch-built Volvo 340, which was created after Volvo acquired DAF’s (Dutch company) passenger car division. The North American continent has since provided Volvo with their main outlet since then. The following year, Volvo started their importation of cars in the United States.
This proved to be the notable start of Volvo cars being known in the American market. The first Volvo cars arrived in America in 1955 after a wholesaler distributed cars in California, then in Texas. In the beginning, Volvo cars were sold locally and in Europe. In 1944, the Volvo PV444 passenger car was presented, though it took three more years for this model to enter production.
0 kommentar(er)
