The Volvo Group’s various operations are organized to deliver the greatest possible focus on customers and their needs, and to exploit and harness the Group’s far-reaching and shared resources in the best possible way.
The Volvo Group comprise ten business areas: Volvo Trucks, UD Trucks, Renault Trucks, Mack Trucks, Value Truck & JVs, Volvo Construction Equipment, Volvo Bus, Volvo Penta, Governmental Sales and Volvo Financial Services.
We also combine the best of two worlds: synergies by having global organizations for manufacturing, product development and purchasing but still clear leadership and responsibility for each brand to make sure that customer needs are understood throughout the entire organization. This is organized in our truck divisions: Group Trucks Technology, Group Truck Operations and Group Truck Purchasing.
In this way the Group harnesses the full potential of its various brands while creating a clearer profile in its various customer segments.
The Volvo Group appreciates the value of sound corporate governance as a fundamental base in achieving a trusting relation with shareholders and other key parties. Corporate Governance