Segment overview
Net sales by business area
| Fourth quarter | ||
| SEK M | 2010 | 2009 |
| Trucks | 48,041 | 37,678 |
| Construction Equipment | 14,657 | 10,159 |
| Buses | 5,602 | 5,793 |
| Volvo Penta | 2,031 | 1,939 |
| Volvo Aero | 1,850 | 1,978 |
| Eliminations and other | (207) | (105) |
| Industrial operations | 71,974 | 57,441 |
| Customer Finance | 1,951 | 2,815 |
| Eliminations | (528) | (458) |
| Volvo Group | 73,398 | 59,798 |
Operating income (loss) by business area
| Fourth quarter | ||
| SEK M | 2010 | 2009 |
| Trucks | 3,490 | (1,316) |
| Construction Equipment | 1,758 | (564) |
| Buses | 221 | (46) |
| Volvo Penta | 73 | 7 |
| Volvo Aero | 282 | (169) |
| Group headquarter functions and other | (404) | (244) |
| Industrial operations | 5,420 | (2,331) |
| Customer Finance | 98 | 15 |
| Volvo Group | 5,518 | (2,316) |
Operating margin by business area
| Fourth quarter | ||
| % | 2010 | 2009 |
| Trucks | 7.3 | (3.5) |
| Construction Equipment | 12.0 | (5.6) |
| Buses | 3.9 | (0.8) |
| Volvo Penta | 3.6 | 0.4 |
| Volvo Aero | 15.2 | (8.5) |
| Industrial operations | 7.5 | (4.1) |
| Volvo Group | 7.5 | (3.9) |
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