About the Volvo Group

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 115,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. In 2012 the Volvo Group’s sales amounted to about SEK 304 billion. The Volvo Group is a publicly-held company headquartered in Gothenburg, Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm.

Strong positions

  • One of the world’s largest manufacturers of
        trucks
  • One of the largest within construction
        equipment
  • One of the world’s largest manufacturers of
        heavy-duty diesel engines
  • Global market presence

Strong brands

By selling products under different brands, the Group can address many different customer and market segments in mature as well as growth markets.

Global strength

Since the streamlining towards commercial vehicles was initiated more than ten years ago, the Volvo Group has significantly strengthened its positions outside the traditionally big markets of Western Europe and North America. Positions have been moved forward by acquisitions, primarily in Asia, and by the expansion of the distribution and service networks in for instance Eastern Europe and South America. In the year 2000 markets outside of Western Europe and North America accounted for 16 percent of Group sales. In 2012 that share had grown to 47 percent.

This information is extracted from the Volvo Group Annual Report 2012.