Volvo AB


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Next Event

Q4 2020 Volvo AB Earnings Release

Latest Developments


Volvo Announces Ambitions Within Electrification

Volvo Trucks Launches Complete Range Of Electric Trucks Starting In Europe In 2021

Volvo, Daimler Truck AG Sign Binding Agreement For New Fuel-Cell JV


About Volvo AB

AB Volvo is the parent company of the Volvo Group. The Volvo Group is a manufacturer of trucks, buses, construction equipment, diesel engines, and marine and industrial engines. The Volvo Group also provides solutions for financing and service. Its segments include Trucks, Construction Equipment, Buses, Volvo Penta, Group functions & Other, and Financial Services. The Company's brand portfolio consists of Volvo, Volvo Penta, UD, Terex Trucks, Renault Trucks, Prevost, Nova Bus and Mack. In addition to vehicles and machines, its offering includes a range of services, such as insurance, rental services, spare parts, preventive maintenance, service agreements, assistance services and information technology (IT) services. Its product range is divided into Vehicles and Services. The sale of new vehicles, machinery and engines comprise Vehicles, as well as the sale of used vehicles and machines, trailers, superstructures and special vehicles. Its Services include the sale of spare parts.


Auto & Truck Manufacturers

Contact Info

Gropegardsgatan 2

417 15



Executive Leadership

Carl-Henric Svanberg

Independent Chairman of the Board

Martin Lundstedt

President, Chief Executive Officer, Member of the Group Executive Board, Director

Jan Gurander

Deputy Chief Executive Officer, Member of the Group Executive Board

Jan Ytterberg

Executive Vice President Group Finance, Chief Financial Officer, Member of the Group Executive Board

Lars Stenqvist

Executive Vice President Group Trucks Technology, Group Chief Technology Officer, Member of the Group Executive Board

Key Stats

2.22 mean rating - 23 analysts
Revenue (MM, SEK)
















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Latest News

Latest News

Daimler, Geely mull China as production hub for hybrid powertrains

Daimler AG <DAIGn.DE> and Geely Holding on Friday said China could emerge as a manufacturing and export hub for hybrid powertrains jointly developed for Volvo and Mercedes-Benz cars.

Volvo Trucks to launch full range of electric trucks in Europe in 2021

Volvo Trucks, Sweden's AB Volvo's main truck brand, will sell a complete range of electric, heavy-duty trucks in Europe starting in 2021, the company said in a statement on Thursday.

AB Volvo and Isuzu Motors sign final agreements for strategic alliance

Truckmaker AB Volvo <VOLVb.ST> and Japan's Isuzu Motors <7202.T> have inked a binding agreement for their previously announced strategic alliance, which includes Isuzu buying Volvo's UD Trucks for around 20 billion Swedish crowns ($2.29 billion).

Truckmaker Volvo breezes past third-quarter earnings forecasts, order intake jumps

Swedish trunk-maker AB Volvo <VOLVb.ST> on Friday reported third-quarter core earnings well above markets forecasts and a big jump in order intake as a recovery from a deep COVID-19-induced slump earlier in the year continued to gain pace.

Volvo Cars readies first green bond to support electric car strategy

Volvo Cars, owned by China's Geely Holding, said on Thursday it had established a new framework to help it fund its electrification strategy and climate plan.

Fuelled by Volvo, China's Geely seeks launchpad to enter auto giant orbit

Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China's first global auto giant.

Geely's Volvo Cars in gear for recovery, while merger delayed

Volvo Cars said it expects its business to recover in the second half of the year after reporting on Tuesday an operating loss for the first six months as coronavirus lockdowns strained supply chains and forced plant closures.

Solid profits at Volvo spur truck industry's recovery hopes

Swedish truckmaker AB Volvo posted better-than-expected second quarter core profit as production shutdowns caused by the coronavirus were lifted, but it cautioned that the pandemic would weigh on demand for the foreseeable future.

Geely's Volvo announces its biggest ever recall over seat belt cable

Volvo Cars said on Wednesday it was recalling nearly 2.2 million cars built between 2006 and 2019 to address a potential issue with cables attached to their front seat belts in the automaker's biggest ever recall.

AB Volvo to cut white-collar workforce by 4,100 jobs as pandemic weighs

Truck- and construction equipment maker AB Volvo plans to cut its white-collar workforce by around 4,100 positions during the second half of 2020, it said in a statement on Tuesday, citing the effects of the COVID-19 pandemic.

AB Volvo to reduce white-collar workforce by 4,100 in second half of 2020

Truck- and construction equipment maker AB Volvo plans to cut its white-collar workforce by around 4,100 positions during the second half of 2020, it said in a statement on Tuesday, citing the effects of the COVID-19 pandemic.

Truck maker Volvo ditches dividend payment amid COVID-19 crisis

Swedish truck maker Volvo will withdraw its proposed dividend for 2019, it said on Tuesday, joining a slew of firms opting not to make payments to shareholders because of the coronavirus crisis.

Sweden's Volvo hit by cancelled orders as pandemic creates "new normal"

Sweden's AB Volvo on Thursday warned of stalling truck orders and a challenging adjustment to a "new normal" of feebler demand after reporting a smaller-than-expected fall in quarterly operating earnings helped by service sales.

Truck maker Volvo Q1 profit falls less than expected

Swedish truck maker AB Volvo reported a smaller-than-expected fall in first-quarter operating earnings on Thursday but warned its net order intake of trucks had been negative since the end of March as customers cancelled planned purchases due to the pandemic.

Daimler teams up with Volvo Trucks in fuel cell venture

Daimler and Volvo Trucks have agreed to join forces to develop, produce and sell fuel cell systems for heavy-duty vehicles, in a sign that the coronavirus crisis is accelerating consolidation.

Daimler, Volvo Trucks unveil fuel cell alliance

Daimler on Tuesday signed a preliminary non-binding agreement with Volvo to develop, produce and commercialize fuel cell systems for heavy-duty vehicles.

Volvo and Daimler tie up to develop fuel cell for trucks

Swedish truck maker Volvo <VOLVb.ST> said on Tuesday it had signed a deal with German rival Daimler <DAIGn.DE> to set up a joint venture to develop and produce fuel cell systems for heavy-duty vehicles.

Volvo Cars to restart production in Sweden next week

Volvo Cars will reopen its Torslanda factory and offices in Sweden next week after overhauling its production processes to help prevent coronavirus infections, following a three week shutdown caused by the pandemic, the carmaker said on Friday.

Veoneer and Volvo Cars to split Zenuity software joint venture

Geely-owned Volvo Cars and auto tech supplier Veoneer <VNEsdb.ST> <VNE.N> will split their jointly owned software venture Zenuity as the Swedish carmaker focuses on developing autonomous driving software, the companies said on Thursday.

AB Volvo postpones AGM due to uncertainty over coronavirus impact

Truckmaker AB Volvo said on Wednesday it had decided to postpone its annual shareholders meeting due to the prevailing uncertainty around the effects from the global coronavirus outbreak.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.