Arquus

Renault Trucks

Dongfeng

Rokbak

Eicher

SDLG

Mack

Volvo Buses

Nova

Volvo CE

Prevost

Volvo Trucks


Legal Name Volvo
Legal Company Type AB (Aktiebolaget)
Founded April 14, 1927
Headquarters Gothenburg, Sweden
Number of Locations 33 production facilities across 18 countries
Area served Worldwide
Chairman Carl-Henric Svanberg
CEO Martin Lundstedt
Products Trucks, Buses, Construction Equipment, Marine & Industrial Powertrains
Production Output 364,566 (2022)
Truck Brands
  • Volvo
  • Renault
  • Mack
  • Arquus
  • Dongfeng (45%)
  • Eicher (50%)
  • SDLG (70%)

Bus Brands

  • Volvo
  • Nova
  • Prevost
Construction Equipment Brands
  • Volvo
  • Rokbak

Services

Financing, charging systems, fuel cell technology

Revenue

473.479 billion kr (2022*)

Operating Income

45.712 billion kr (2022*)

Net Income

32.969 billion kr (2022*)

Total assets

629.064 billion kr (2022*)

Total equity

166.236 billion kr (2022*)

Owners

  • AB Industrivärden (8.9% equity; 27.8% votes)
  • Geely (8.2% equity; 16.0% votes)

Number of Employees

102,155 employees (2022)

Financial Services Subsidiaries

  • Volvo Financial Services

Industrial Subsidiaries

  • Milence
  • Cellcentric

International Subsidiaries & Joint Ventures

  • Volvo Group Belgium
  • Volvo Group France
  • Volvo Group Netherlands
  • Volvo Group Poland
  • Volvo Group Sweden
  • Volvo Group UK & Ireland
  • Volvo Group Germany
  • Volvo Group Australia
  • Volvo Group China
  • Volvo Group Korea
  • Volvo Group India
  • Volvo Group North America
  • Volvo Group Brazil
  • Volvo Group Peru
  • Volvo Group Mexico

Website

www.volvogroup.com