The Volvo Group is one of the world's leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. Founded in 1927, the Volvo Group today employs about 110,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. In 2012 the Volvo Group's sales amounted to about SEK 273 billion.The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden.
Volvo Group does business under several leading and respected brands. Each brand in the portfolio is focused on different industry and market segments. Several brands are available globally, while some are focused on specific regions of the world. Most of the brands in the portfolio are fully-owned, and a few brands are managed in partly-owned companies or joint ventures. Our brands: Volvo, Renault Trucks, UD Trucks, Mack, Eicher, Volvo Penta, SDLG, Prevost, Nova Bus and Sunwin.
The values of the Volvo Group summarize what we stand for and what we focus on.
Quality, Safety and Environmental Care are the corporate values of the Volvo Group, each reflected in how we develop our products, how we act in society, and how we approach our customers and employees.
Open exchange of information and active participation in society are key components of the Volvo Group culture, manifested in both our external and our internal activities.
“The Volvo Way” is our company philosophy, describing Volvo’s values, our corporate culture and the way Volvo works. It includes the history of the Volvo brand and our vision for the future.
The Volvo Group recognizes the importance of valuing diversity as part of our current and future business success.
1927 Volvo is founded by Assar Gabrielsson and Gustaf Larson, who decide to create safe vehicles of high quality. The first passenger car is manufactured in Gothenburg and in the following year, the first truck — an instant success.
In the following decades, Volvo grows into a Group and a number of operations come into existence: the manufacture of car, marine and industrial engines, buses, construction equipment and components for the aircraft industry.
Volvo has developed from a small local industry to one of the world's largest manufacturers of heavy trucks, buses and construction equipment.