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The Volvo Group, or AB Volvo, was founded in 1927 in Sweden, a subsidary of Svenska Kullagerfabriken AB (SKF), a roller ball bearing manufacturer. The Volvo OV 4, a convertible, was the company's first car.

Assar Gabrielsson and Gustaf Larson consciously made the decision to develop a car whose brand was safety. Though most safety features found in cars today, such as the 3-point seatbelt, anti-lock brakes, and airbags, were developed by Mercedes-Benz, Volvo develop a reputation as the company with "The" safest cars.

The PV444 established the automaker's foothold in the U.S. automobile market. Other well-known vehicles include the
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