On 14 April 1927 the first Volvo car, the Volvo OV 4, rolled off the production line. Volvo cars was a subsidiary of SKF and was founded in Gothenburg, Sweden. The logo for the new company was simply a copy of the OV 4 radiator, viewed from the front. After the OV 4, the company went on to produce closed top and cabriolet vehicles, designed to cope with the Swedish terrain. Volvo cars are known for their safety, solidity and reliability and in 2015 the company sold more than half a million cars for the first time in its 89 year history.