| First quarter | 12 months | Jan-Dec | |||
| SEK M | 2011 | 2010 | Change, % | rolling values | 2010 |
| Trucks | 4,286 | 1,444 | 197 | 12,954 | 10,112 |
| Construction Equipment | 1,708 | 1,006 | 70 | 6,882 | 6,180 |
| Buses | 281 | 145 | 94 | 916 | 780 |
| Volvo Penta | 164 | 121 | 36 | 621 | 578 |
| Volvo Aero | 28 | 152 | (82) | 162 | 286 |
| Group functions and other | (123) | (83) | 48 | (142) | (102) |
| Industrial operations | 6,343 | 2,785 | 128 | 21,393 | 17,834 |
| Customer Finance | 179 | 14 | 1,179 | 332 | 167 |
| Volvo Group | 6,522 | 2,799 | 133 | 21,723 | 18,000 |