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Volvo Cars (), stylized as VOLVO, is a Swedish luxury vehicles company. It is headquartered on Torslanda in Gothenburg and is a subsidiary of the Chinese automotive company Geely. The company manufactures and markets sport utility vehicles, station wagons, sedans and compact executive sedans. The Volvo Group was founded in 1927 as a subsidiary of the ball bearing manufacturer SKF. When AB Volvo was introduced on the Stockholm stock exchange in 1935, SKF sold most of the shares in the company. The heavy truck and construction equipment conglomerate AB Volvo and Volvo Cars have been independent since AB Volvo sold Volvo Cars to the Ford Motor Company in 1999. Volvo Cars has been majority owned since 2010 by the Geely Holding Group. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum. With approximately 2,300 local dealers from around 100 national sales companies worldwide, Volvo Cars' largest markets are China, the United States, Sweden, and the other countries in the European Union. Most of its worldwide employees are based in Sweden. In July 2017, Volvo announced that new models launched from 2019 will be fully electric or hybrid-electric, heralding the end of production of nearly a century of Volvo vehicles powered solely by the internal combustion engine.
The Volvo 700 series is a range of executive cars produced by the Swedish manufacturer Volvo Cars from 1982 to 1992. The 700 series was introduced in 1982 with the luxurious 760, followed two years later by the lower priced 740 which capitalized on the prestige attained by the very similar 760. The 700 series was then gradually replaced, beginning in 1990, by the 900 series. The 700, designed by Jan Wilsgaard, was originally to have been a replacement for the 200 series, but production of that model continued until the early nineties. The expensive 780, a Bertone-designed coupé version, entered production in 1986 and departed without a direct successor only four years later. The most visible differences between the 700 and the 900 series were the more rounded corners on the body of the latter, and a somewhat better-appointed interior. The 700 series came to an end in late 1992 when the last 740s were built (although they were considered to be of model year 1993). The range was then augmented and finally supplanted by the Volvo 850 in 1993, with the last of the 900s being sold in 1998. __TOC__
The Volvo 200 series was a range of mid-size cars produced by Volvo Cars from 1974 to 1993, with more than 2.8 million units sold worldwide. Like the Volvo 140 Series from which it was developed, it was designed by Jan Wilsgaard. It overlapped production of the Volvo 700 Series introduced in 1982. As the 240 remained popular, only the 260 was displaced by the 700 series — which Volvo marketed alongside the 240 for another decade. The 700 series was replaced a year before the 240 was discontinued. Production of the 240 ended on 14 May 1993 after nearly 20 years.