Fourth quarter     Year
SEK M 2010 2009 Change, % Change, % (1 2010 2009
Trucks 48,041 37,678 28 34 167,305 138,940
Construction Equipment 14,657 10,159 44 51 53,810 35,658
Buses 5,602 5,793 (3) (1) 20,516 18,465
Volvo Penta 2,031 1,939 5 12 8,716 8,159
Volvo Aero 1,850 1,978 (6) 14 7,708 7,803
Eliminations and other (207) (105) (680) (538)
Industrial operations 71,974 57,441 25 32 257,375 208,487
             
Customer Finance 1,951 2,815 (31) (28) 9,031 11,712
Eliminations (528) (458) (1,658) (1,838)
Volvo Group 73,398 59,798 23 29 264,749 218,361
             
1) Adjusted for exchange rate fluctuations and acquired and divested units.