Volvo logo

Company Information

Headquarters Gothenburg, Sweden
Industry AutomotiveManufacturingTransportationConstruction Equipment
Stock Symbol VOLV-B.ST

Business Metrics

Employees 102000

About Volvo

The Volvo Group is a Swedish multinational manufacturing corporation headquartered in Gothenburg, Sweden. Its core activity is the production, distribution, and sale of trucks, buses, and construction equipment, as well as marine and industrial drive systems.

Volvo: Driving Progress Through Quality, Safety, and Sustainability

The Volvo Group is a Swedish multinational manufacturing corporation renowned for its commitment to quality, safety, and environmental care. Founded in 1927, Volvo has grown into a global leader in the production of trucks, buses, construction equipment, and marine and industrial engines.

A Legacy of Innovation

From its earliest days, Volvo has been driven by a pioneering spirit. While Volvo Cars (now a separate entity) is famous for innovations like the three-point seatbelt, the Volvo Group has consistently pushed boundaries in commercial vehicles and industrial applications. Its focus on robust engineering and advanced technology has made its products synonymous with reliability and durability.

Diversified Transport Solutions

The Volvo Group’s core business revolves around providing comprehensive transport and infrastructure solutions. Volvo Trucks is a leading manufacturer of heavy-duty trucks, known for their fuel efficiency and advanced safety features. Volvo Buses offers a wide range of public transport solutions, including electric and hybrid buses. Volvo Construction Equipment provides machinery for various construction and mining applications, while Volvo Penta specializes in marine and industrial power systems.

Commitment to Sustainability

Volvo is at the forefront of the transition to sustainable transport. The company is investing heavily in electric vehicles, fuel cell technology, and other alternative powertrains to reduce its environmental footprint. Its commitment to environmental care extends throughout its operations, from manufacturing processes to product lifecycle management.

Global Presence and Customer Focus

With production facilities in 19 countries and sales in over 190 markets, the Volvo Group has a truly global presence. The company maintains a strong customer focus, working closely with its clients to provide tailored solutions that meet their specific needs. This customer-centric approach, combined with its reputation for quality and safety, has cemented Volvo’s position as a trusted partner in the transport and infrastructure industries.

Global Presence

Sweden

Europe