Volvo is a Swedish manufacturer of trucks, buses and construction equipment, and a former manufacturer of cars. 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 V 4 series, affectionately known as "Jakob", rolled out of the factory in Hisingen, Gothenburg.