Segment overview
Net sales by business area
| Third quarter | ||
| SEK M | 2011 | 2010 |
| Trucks | 47,730 | 41,187 |
| Construction Equipment | 14,958 | 12,710 |
| Buses | 5,157 | 4,594 |
| Volvo Penta | 2,199 | 2,077 |
| Volvo Aero | 1,410 | 1,815 |
| Eliminations and other | 105 | (158) |
| Industrial operations | 71,559 | 62,225 |
| Customer Finance | 2,237 | 2,146 |
| Eliminations | (476) | (402) |
| Volvo Group | 73,321 | 63,969 |
Operating income (loss) by business area
| Third quarter | ||
| SEK M | 2011 | 2010 |
| Trucks | 3,962 | 2,700 |
| Construction Equipment | 1,403 | 1,330 |
| Buses | 185 | 155 |
| Volvo Penta | 209 | 72 |
| Volvo Aero | 102 | 224 |
| Group functions and other | (338) | 385 |
| Industrial operations | 5,523 | 4,866 |
| Customer Finance | 251 | 48 |
| Volvo Group | 5,774 | 4,913 |
Operating margin by business area
| Third quarter | ||
| % | 2011 | 2010 |
| Trucks | 8.3 | 6.6 |
| Construction Equipment | 9.4 | 10.5 |
| Buses | 3.6 | 3.4 |
| Volvo Penta | 9.5 | 3.5 |
| Volvo Aero | 7.2 | 12.3 |
| Industrial operations | 7.7 | 7.8 |
| Volvo Group | 7.9 | 7.7 |
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