Segment overview
Net sales by business area
| Fourth quarter | ||
| SEK M | 2012 | 2011 |
| Trucks | 47,732 | 56,739 |
| Construction Equipment | 12,572 | 16,354 |
| Buses | 5,626 | 6,571 |
| Volvo Penta | 1,754 | 1,839 |
| Volvo Aero | – | 1,834 |
| Other and eliminations | 2,232 | 1,451 |
| Industrial operations | 69,916 | 84,788 |
| Customer Finance | 2,507 | 2,321 |
| Reclassifications and eliminations | (630) | (602) |
| Volvo Group | 71,793 | 86,507 |
Operating income by business area
| Fourth quarter | ||
| SEK M | 2012 | 2011 |
| Trucks | 880 | 4,866 |
| Construction Equipment | 363 | 1,674 |
| Buses | (129) | 308 |
| Volvo Penta | 14 | 102 |
| Volvo Aero | – | 155 |
| Group functions and other | (396) | (417) |
| Industrial operations | 731 | 6,688 |
| Customer Finance | 390 | 267 |
| Volvo Group | 1,121 | 6,955 |
Operating margin by business area
| Fourth quarter | ||
| % | 2012 | 2011 |
| Trucks | 1.8 | 8.6 |
| Construction Equipment | 2.9 | 10.2 |
| Buses | (2.3) | 4.7 |
| Volvo Penta | 0.8 | 5.5 |
| Volvo Aero | – | 8.5 |
| Industrial operations | 1.0 | 7.9 |
| Volvo Group | 1.6 | 8.0 |
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