Volvo facts for kids
|Type||Public (OMX: VOLV B)|
|When it was created||1927 by SKF|
|Key people||Finn Johnsson (Chairman of the board), Leif Johansson (President and CEO)|
|Things made||Trucks, buses, construction equipment, marine and industrial power systems, aerospace components, financial services|
|Money earned||SEK 303,667 million (2008)|
|Operating income||SEK 15,851 million (2008)|
|Profit||SEK 9,942 million (2008)|
|Total assets||SEK 372,419 million (2008)|
|Total equity||SEK 84,640 million (2008)|
Today there are two companies. 1: Volvo Cars that produces standard size cars. 2: Volvo Group that produces trucks, boat engines, buses and more.
Volvo is now the leading producer in what most people would call safe family cars.
In March 2010, Ford signed a deal to sell Volvo to Chinese car maker Geely for $1.8 billion.
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Volvo Facts for Kids. Kiddle Encyclopedia.