Our history - 1992

1992

  • Volvo Buses began to invest heavily in designing buses to be run on natural gas.
  • The Environmental Concept Car, ECC, with hybrid power, was presented for the world press.
  • Sören Gyll became the new President and CEO of AB Volvo,  in succession to Christer Zetterberg. Volvo found itself i a deep economic crisis.
  • Volvo Buses introduced its new, rear-engined B10B early in the year.
  • In the summer of 1992 Volvo Penta entered into a joint venture with OMC (Outboard Marine Corporation).
  • Volvo displayed all of its high-tech expertise at the pavilion at the world exhibition, Expo 92 in Seville.
  • Volvo became sole owner of BCP, the food company, and took 25% holding in Procordia, the pharmaceutical concern.