AB Volvo Company Description
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania.
The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.
It offers road construction machine, haulers, wheel loaders, excavators, and compact equipment. In addition, the company offers engines and power solutions for leisure and commercial vessels, as well as for power generation, industrial, and off-highway applications under the Volvo Penta brand name.
Further, it provides financing, insurance, rental, spare parts, repairs, preventive maintenance, service agreement, and assistance services.
The company offers its products and services through a network of dealerships and workshops. It has a strategic alliance with Isuzu Motors within commercial vehicles; a partnership with Samsung SDI Co to develop batteries for its electric products; and an agreement with Aurora to develop autonomous trucks.
AB Volvo (publ) was incorporated in 1915 and is headquartered in Gothenburg, Sweden.
| Country | Sweden |
| Founded | 1915 |
| Industry | Farm & Heavy Construction Machinery |
| Sector | Industrials |
| Employees | 93,799 |
| CEO | Martin Lundstedt |
Contact Details
Address: GropegArdsgatan 2 Gothenburg, 417 15 Sweden | |
| Phone | 46 31 66 00 00 |
| Website | volvogroup.com |
Stock Details
| Ticker Symbol | VOLAF |
| Exchange | OTCMKTS |
| Fiscal Year | January - December |
| Reporting Currency | SEK |
| ISIN Number | SE0000115420 |
| SIC Code | 3711 |
Key Executives
| Name | Position |
|---|---|
| Martin Lundstedt M.Sc. | Chief Executive Officer, President, Member of the Group Executive Board and Director |
| Mats Backman | Executive Vice President of Group Finance, Chief Financial Officer and Member of Group Executive Board |
| Kina Wileke | Executive Vice President of Group Communication and Member of the Group Executive Board |
| Bruno Blin | Executive Vice President of Volvo Group, President Renault Trucks and Member of the Group Executive Board |
| Scott Rafkin | Executive Vice President, Chief Digital Officer and Member of Executive Board |
| Roger Alm | Executive Vice President, Member of Group Executive Board and President of Volvo Trucks |
| Andrea Fuder M.Sc, MBA | Chief Purchasing Officer, Executive Vice President of Group Trucks Purchasing and Member of the Group Executive Board |
| Lars Stenqvist | Chief Technology Officer, Executive Vice President of Group Trucks Technology and Member of the Group Executive Board |
| Melker Jernberg | Executive Vice President, Member of Group Executive Board and President of Volvo Construction Equipment |
| Diana Niu | Member of Group Executive Board and Executive Vice President of Group People and Culture |