By understanding our customers’ priorities and challenges, we are able to provide products and services that grow customers’ revenues and decrease customers’ costs. In other words – creating value for our customers by supporting their profitability. This is the foundation of our strategy.
The order in which the priorities are presented does not reflect relative importance.
|1||Transform the Volvo Group to become a leading end-to-end integrator as well as offering easy to integrate products and services through strong brands.|
|2||Grow the service business and target selected industry verticals offering a portfolio of tailor-made solutions.|
|3||Secure a desirable sustainable product and service portfolio with the right quality, leveraging new and well-known technologies, CAST, partnerships and digital innovation - accelerating electromobility solutions.|
|4||Grow in Asia and the US: In Asia through JVs, alliances and by strengthening the Volvo Group footprint in China. In the US by significantly improving the Group’s market position.|
|5||Develop robust profitability throughout the decentralized regional value chains by leveraging global scale, digitalization, a purpose-fit footprint and continuous improvement using Volvo Production System.|
|6||Selectively capture, accelerate and scale-up new businesses and develop competencies and capabilities needed.|
|7||Reinforce value-based leadership and ways of working where all colleagues are empowered to take action and are accountable for the results.|