AB Volvo is a Swedish builder of commercial vehicles, including trucks, buses and construction equipment. Volvo also supplies marine and industrial drive systems, aerospace components and financial services. Although Volvo was incorporated in 1915 as a subsidiary of AB SKF, a Swedish ball bearing manufacturer, the auto manufacturer considers itself officially founded on 14 April 1927, when the first car, the Volvo ÖV 4 series, affectionately known as "Jakob", rolled out of the factory in Hisingen, Gothenburg.
The Extreme Sailing Series is a unique concept, pitting some of the very best professional sailing teams in the world against each other on identical Extreme 40 catamarans, on challenging, tactical courses, but close to shore to provide spectacular, stadium-style entertainment for the public.