Funding

Volvo works actively for good balance between short and long-term loans, as well as loan preparedness in the form of credit facilities, to satisfy the Volvo Group’s long-term financing needs.  

During the year, the Group diversified its loans by issuing an Asset Backed Security loan in the US for the first time.  

At the end of 2010, the Group had the equivalent of SEK 32.7 billion in cash and cash equivalents and short-term investments. In addition, the Group had SEK 35.3 billion in granted but unutilized credit facilities.