Transparent comparison with competitors

Volvo’s financial targets have included a focus on growth since the end of the 1990s and the Board of Directors expects growth to remain important in the future, but is now adding a continuous benchmarking of the growth and profitability of the various operations against a number of selected competitors.

To facilitate comparisons, the truck operations will be measured jointly with the bus operations and the construction equipment operations will be measured jointly with Volvo Penta. In 2012, the comparisons will be made in accordance with the table below:

Trucks and buses Volvo CE and Volvo Penta
Daimler Brunswick
Iveco CAT
Navistar Cummins
Paccar Deere
Scania Hitachi
Sinotruk Komatsu