Volvo

Volvo

Aktiebolaget Volvo, doing business as Volvo Group is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial services. In 2016, it was the world's second-largest manufacturer of heavy-duty trucks through its subsidiary Volvo Trucks. Volvo was founded in 1927. Initially involved in the automobile industry, Volvo expanded into other manufacturing sectors throughout the twentieth century. Automobile manufacturer Volvo Cars, also based in Gothenburg, was part of AB Volvo until 1999, when it was sold to the Ford Motor Company. Since 2010 Volvo Cars has been owned by the automotive company Geely Holding Group. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the World of Volvo museum in Gothenburg, Sweden.

Data Source : Wikipedia

• Entity:  Company

• Type:  Aktiebolag
• Traded as:  Nasdaq Nordic: Volv A, Nasdaq Nordic: Volv B, Omx Stockholm 30
• ISIN:  [ Isin: [ Se0000115446]]
• Industry:  Automotive
• Founded:  1927
• Founders:  Assar Gabrielsson And Gustav Larson
• Area served:  Worldwide
• Key people:  Pär Boman (Chairman), Martin Lundstedt (President & Ceo)
• Products:  Trucks, Buses, Construction Equipment, Marine And Industrial Engines, Customer Financing, Insurance And Related Services, Product Related Services
• Brands:  Volvo, Volvo Penta, Rokbak, Renault Trucks, Prevost, Nova Bus, Mack (Group Brands), Eicher, Dongfeng Truck, Sdlg, Milence, Cellcentric (Partnership Brands)
• Revenue:  526.816 Billion Kr(2024)
• Operating income:  66.611 Billion Kr(2024)
• Total assets:  714.564 Billion Kr(2024)
• Total equity:  197.361 Billion Kr(2024)
• Owners:  Ab Industrivärden (9.4%, 28.0% Votes), Geely (4.4%, 14.7% Votes)
• Number of employees:  102,000(2024)
• Wikidata description:  Swedish Manufacturing Company
• Wikidata label:  Ab Volvo
• Wikidata aliases:  Ab Volvo, Volvo Group, Aktiebolaget Volvo, Volvo Trucks

• Related Topics:  Volvo Category, Port Of Gothenburg - The Municipally Owned Port Of Gothenburg Is The Largest Port In The Nordic Countries, With Over 11,000 Ship Visits Per Year From Over 140 Destinations Worldwide., Aerospace Companies Of Sweden, Volvo Group, Multinational Companies Headquartered In Sweden, Automotive Transmission Makers, Diesel Engine Manufacturers, Marine Engine Manufacturers, Swedish Brands, Companies Formerly Listed On The London Stock Exchange