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Volvo Car Corporation, or Volvo Personvagnar AB, is a Swedish automobile manufacturer founded in 1927, in Gothenburg, Sweden. It is owned by Zhejiang Geely Holding Group. Volvo was originally formed as a subsidiary company to the ball bearing maker SKF. When Volvo AB was introduced on the Swedish stock exchange in 1935, SKF sold most of the shares in the company. Volvo Cars was owned by AB Volvo until 1999, when it was acquired by the Ford Motor Company as part of its Premier Automotive Group. Geely Holding Group then acquired Volvo from Ford in 2010.
Volvo means 'I Roll' in Latin, and the circle/arrow logo is the conventional map symbol for steel (which for a long time was Sweden's most famous industry). That circle/arrow symbol isn't arbitray, it represents the shield and spear of Mars, also the alchemical symbol for iron.
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