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Volvo is a premium automotive brand with unique appeal and has a world-class reputation for safety, quality, durability and environmental responsibility.

In January 1999, Ford Motor Company reached an agreement with AB Volvo to buy its worldwide passenger vehicle business, Volvo Cars, for a price of $6.45 billion. The truck business still remains independent. Volvo Cars is member of Ford Premier Automotive Group with Aston Martin, Jaguar, Land Rover and Lincoln. 

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