Volvo Group

Chapter in PDF

Volvo Group

Complete partner

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 110,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. In 2013 the Volvo Group’s sales amounted to about SEK 273 billion. AB Volvo's shares are listed on NASDAQ OMX Stockholm.

Strong positions

  • One of the world's largest manufacturers of trucks, buses and construction equipment.
  • A leading independent supplier of marine and industrial engines.
  • One of the world's largest manufacturers of heavy-duty diesel engines.
  • Global market presence.


Strong brands

By selling products under different brands, the Group can address many different customer and market segments in mature as well as growth markets.


Global strength

Since the streamlining towards commercial vehicles was initiated more than ten years ago, the Volvo Group has significantly strengthened its positions outside the traditionally big markets of Western Europe and North America. Positions have been moved forward by acquisitions in primarily Asia and expansion of the distribution and service networks in for instance Eastern Europe and South America. In the year 2000, markets outside of Western Europe and North America accounted for 16% of Group sales. In 2013 that share had grown to 45%.