About the Volvo Group

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment, drive systems for marine and industrial applications and aerospace components. The Volvo Group also provides complete solutions for financing and service. The Group has about 100,000 employees, production facilities in 20 countries and sells its products in more than 190 markets.

Global strength

Since the streamlining towards commercial vehicles began more than ten years ago, the Volvo Group has grown into one of the world's largest manufacturers of heavy-duty trucks, buses and construction equipment and is now also a leading manufacurer of heavy-duty diesel engines, marine and industrial engines as well as engine components for the aerospace industry. 

We have about 100,000 permanent employees and 20,000 temporary and consultants, and in total 65 production facilities in 20 countries. Most of our employees are based in the following countries:

  • Sweden
  • France
  • Japan
  • USA
  • China
  • Brazil
  • South Korea.

The Volvo Group is a publicly traded company with its headquarters in Gothenburg, Sweden. The Volvo share is listed on the NASDAQ OMX Nordic stock exchange in Stockholm.

Strong brands

By selling products with different brands, the Volvo Group can penetrate many different customer and market segments in mature markets as well as growth markets. Volvo Group does business under several leading and respected brands. Each brand in the portfolio is focused on different industry and market segments. Several brands are available globally, while some are focused on specific regions of the world. 

Read more here.

New organization

As of 2012, the Volvo Group has implemented a new organization which better utilizes the global potential of the Group's brands and products. For example, the sales and marketing of all of the truck companies will be organized into three regional organizational units, directly under the CEO.

Strong positions

  • One of the world's largest manufacturers of trucks
  • No. 3 in construction equipment 
  • One of the world's largest manufacturers of heavy-duty diesel engines
  • Strong positions also in the other business areas
  • Strong global market presence

Charts

Share of Group's net sales

 

Share of Group's net sales by geography