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