The Volvo Group is one of the world’s leading manufacturers of trucks, construction equipment, buses, and marine and industrial engines. The Group also provides complete solutions for financing and service.
Operations are global, with sales in 190 countries. The vision is to be the world’s most desired and successful provider of sustainable transport solutions. The business model builds upon the company’s strong brands, leading innovative ability and first-class service network aimed at providing competitive, reliable and effective products and services that create value for customers. Business is conducted under several leading brands, which enables the Group to penetrate many different customer and market segments in mature as well as emerging markets. Trucks are sold under the Volvo, Renault Trucks, Mack and UD brands, under the Eicher brand by an Indian joint-venture company, and under the Dongfeng brand by a Chinese joint-venture company. The Volvo Group also sells construction equipment under the Volvo and SDLG brands. In addition, the Group manufactures and sells buses and, through Volvo Penta, engines for marine and industrial applications.
The company conducts concerted innovation work in the areas of electrification, automation and connectivity to meet future needs for transport solutions.