AB Volvo

Company Overview

AB Volvo (Volvo) is a provider of commercial transport solutions. The company manufactures and sells automotive equipment for the construction market and drive systems for marine and industrial applications. The company also provides industrial IT and logistics solutions, and support services such as roadside assistance, fuel management and driver training. The company manufactures medium-heavy to heavy trucks for regional transport, long-haul and construction operations under the Volvo, Renault Trucks and Mack Trucks brands. The company’s business segments include trucks, construction equipment, buses, Volvo Penta, group functions and others (includes Nova Bus, Arquus and common business support function) and financial services. The company operates production facilities in various countries and markets its products in North America, South America, Europe, Asia, Africa and Oceania.

Financial Highlights (FY 2024)

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.