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Volvo is a Swedish company that specializes in the production of safe, comfortable and practical vehicles. The year of foundation of the company is considered to be 1927, when the first model of a Volvo car came off the assembly line. The new car, for the assembly of which mainly Swedish-made components were used, was named Jakob. The company became the first company in the world to install a three-point seat belt anchorage in a mass-produced vehicle. Since then, the company has earned the reputation of making the safest cars in the world. Its developments in this area are: a three-point seat belt, a special roof beam that protects the body from deformation and a dual-circuit braking system with a triangular connection scheme. Almost all of the company's innovations today are international standards in the automotive industry. In 1999, Volvo became part of the largest corporation Ford Motor Company, and in 2010 it was owned by a Chinese car manufacturer.