AB Volvo

Company Snapshot

Founded: 1927
Entity Type: Public
Employees: 99,000
Region: Europe
Revenue: $48,972.0 Millions
Revenue Year: 2025
Headquarter: Gothenburg, Sweden
Key Geographics: Europe, North America, South America, Asia, Africa, Oceania
Corporate Address: SE-405 08 Gothenburg Sweden Tel. +46-31-660000 www.volvogroup.com

Company Overview

AB Volvo is engaged in providing transport and infrastructure solutions. Volvo Trucks is a subsidiary of Volvo Group. It offers trucks, buses, construction equipment, and power solutions for marine and industrial applications. It manufactures a wide range of light, medium, and heavy trucks for regional transport, local, long-haul, and construction operations. AB Volvo caters to a wide range of end-use industries, such as transportation, construction, mobility, and mining.

AB Volvo has production in 17 countries and customers in 180 countries. It provides its products through 14 brands, such as Volvo, Volvo Penta, Rokbak, Renault Trucks, Prevost, Nova Bus, and Mack Trucks. Volvo’s partners and joint ventures include SDLG, Milence, Eicher, Dongfeng, and Cellcentric.

Financial Highlights (FY 2025)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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AB Volvo In Reports

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BCC Research Market Report says global market for autonomous trucks is expected to grow from $3.3 billion in 2023 to over $6.9 billion by the end of 2028, at a CAGR of 16.2%.

Electric Vehicles and Fuel Cell Vehicles: Global Markets

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Company's Business Segments

  • Industrial Operations : This segment comprises four business areas such as trucks, construction equipments, buses, and volvo penta.
  • Financial Services : This segment offers financial services and solutions to customers and dealers.

Applications/End User Industries

  • Industrial Applications
  • Marine
  • Financing and Services
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