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History of the Volvo Car
Volvo, Latin for "I roll", was born on April 14th, 1927 when the first car "Jakob" left the factory in Gothenburg, Sweden.Founded by Assar Gabrielsson and Gustaf Larsson, the company was formed on a background of quality and safety which were both of paramount importance, a concept that still applies to the Volvo cars of today.
The fledgling company produced both closed top and cabriolet models of their new four-cylinder OV4 and PV4 models, which were constructed to better withstand the harsh Swedish climate, than contemporary US imports. Both carried the Swedish symbol for iron attached to a diagonal piece if metal on the front grille – another aspect of Volvo’s heritage that can still be seen on today’s models.
In 1929 a six-cylinder PV651 model had been introduced which was both longer and wider than the Jakob. Its success helped the company to purchase its engine supplier and buy its first factory and by the end of 1931 return it’s first dividend to shareholders.
