Volvo (in Swedish AB Volvo) is a Swedish company, founded in 1927 by engineer Gustav Larson and economist Assar Gabrielsson in the city of Gothenburg. In Latin, Volvo means "I roll" or, by analogy, "I drive".
The company is a major manufacturer of commercial vehicles, standing out as one of the largest truck manufacturers in the world. However, there are other areas of operation that the company leaves to its subsidiaries. Volvo's "arms" are: Volvo Trucks (trucks) and Buses, Volvo Construction Equipment, Volvo Penta, Volvo Aero, and Volvo Financial Services. The brand also owns Mack Trucks.
AB Volvo's main activity is the production of trucks/trucks – 64%, followed by the production of construction equipment – 21%.

An average depreciation of 12.66% with an average value per vehicle of R$268,315Leaving the Volvo ranked 28th in the list of brands that depreciate the least in one year.