Volvo Group
Volvo Group, founded in 1927 and headquartered in Gothenburg, Sweden, is a global leader in transport and infrastructure solutions, serving customers in nearly 190 markets with a diverse range of products and services.
History
Volvo Group was founded in 1927 and has grown to become a major player in the global transport and infrastructure sector. Headquartered in Gothenburg, Sweden, Volvo Group now serves customers in nearly 190 markets worldwide. Over the years, the company has expanded its operations to include product development centers, parts distribution centers, and logistics centers in various countries.
Products
Volvo Group offers a wide range of products including trucks, buses, construction equipment, and power solutions for marine and industrial applications. The company's brand portfolio features well-known names such as Volvo, Volvo Penta, Rokbak, Renault Trucks, Prevost, Nova Bus, Mack, and Arquus. These products cater to different customer and market segments globally.
Services
Volvo Group provides a comprehensive array of services designed to support its diverse product range. These services include financing, insurance, rentals, spare parts, repairs, preventive maintenance, service agreements, and assistance services. The company aims to ensure customer success and maintain high performance through these varied offerings.
Strategic Priorities
Volvo Group's strategic priorities focus on leading the industry's transition to net-zero and creating opportunities for growth through sustainable solutions. As part of this strategy, the company has implemented a Green Finance Framework to fund investments and projects in clean transportation. Furthermore, their vision is to be the most desired and successful provider in the transport and infrastructure sector globally.
Business Areas
Volvo Group operates several business areas including Volvo Autonomous Solutions, Volvo Energy, Volvo Group Connected Solutions, Volvo Financial Services, and Volvo Group Venture Capital. These diverse areas help the company in driving innovation and developing new market opportunities. The group also engages in multiple alliances and joint ventures with companies like SDLG, Milence, Eicher, Dongfeng, and cellcentric.