Volvo Group
Trucks, buses, construction equipment and engines · Sweden
The Volvo Group (AB Volvo) builds trucks under the Volvo, Renault Trucks and Mack brands, plus construction equipment, buses and Volvo Penta engines, and finances and services them for transport and infrastructure customers in almost 180 markets; it is a separate company from Volvo Cars.
What makes it different
It is not Volvo Cars, but shares the name.
51,634Construction equipment deliveredFY2025
AB Volvo sold its car business in 1999 and kept trucks, machines and engines; the two companies co-own the Volvo trademark.
How big it is
How big is Volvo Group?
SEK 479.2BNet salesFY2025
202,911Trucks deliveredFY2025
98,844EmployeesFY2025
How it makes money FY2025
Trucks bring two thirds of sales.
- Trucks68%SEK 323.5B
- Construction Equipment17%SEK 81.6B
- Financial Services6%SEK 26.5B
- Buses5%SEK 25.1B
- Volvo Penta4%SEK 20.6B
How the business works
Sell trucks, then earn on every kilometre.
- 1Trucks, machines, engines
- 2Loans and leases
- 3Parts and repairs
A quarter of sales are services and parts, which keep coming when new-truck orders fall in a downturn.
Who owns it
- AB Industrivärden28.1%
- Geely Holding (Zhejiang Geely Holding Group)14.7%
- AMF Insurance & Funds5.6%
CEO: Martin Lundstedt
Who it competes with
Key moments
- 4-14First Volvo rolls off the line in Gothenburg
- 1950Bolinder-Munktell acquisition starts construction equipment
- 4-01Renault merger collapses and a new board refocuses on transport
- 1999Volvo Cars sold to Ford
- 2001Renault Trucks and Mack join the group
Sources
Every number on this page comes from Volvo Group's own reports.
Full profile
The rest of the story is in the app.
What Volvo Group tracks16 metrics
Trucks delivered
Truck net order intake
Construction equipment delivered
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from5 regions
Europe
North America
Asia
The full timeline18 moments
2023
2025
2026
Volvo Group vs Caterpillarside by side
Revenue
Profit
People
Point your phone at a logo.
See the company behind it.
The full story in 12 chapters · compare any two companies · 335 companies, and any other on request.
Download on the App Store
