News & Media

Volvo Group, Renault Group and CMA-CGM have made an agreement to make a strategic change to the business model of Flexis. This strategic move reaffirms the parties' commitment to innovation and collaboration and reflects their strong and positive relationship. Renault will buy Volvo’s 45 % ownership and CMA-CGM’s 10% in Flexis S.A.S. Volvo Group, through Renault Trucks, will remain a partner and investor in the project and will distribute Flexis developed products from 2027.  This change will align with the current successful business model between Renault Group and Renault Trucks for Renault branded light commercial vehicles. The transaction has no material impact on the Volvo Group earnings.

• Press Release – Volvo Group, Renault Group and CMA-CGM in agreement on strategic change for Flexis (PDF, 110 KB)

Press information from AB Volvo’s Election Committe. The Election Committee of AB Volvo proposes the re-election of the Chairman of the Board Pär Boman, as well as of the Board members Bo Annvik, Jan Carlson, Eric Elzvik, Martha Finn Brooks, Kurt Jofs, Martin Lundstedt, Kathryn V. Marinello, Martina Merz and Helena Stjernholm at the Annual General Meeting on April 8, 2026. Matti Alahuhta will not stand for re-election.

• Press Release – Proposal for Board of Directors of AB Volvo (PDF, 359 KB)

Volvo Construction Equipment (Volvo CE) has completed the previously announced acquisition of Swecon. Following the approval received from the European Commission to acquire Swecon the parties have now joined forces. Volvo CE has acquired Swecon’s business operations in Sweden, Germany and the Baltics including Entrack. The transaction is valued at an enterprise value of 7 billion SEK.

• Press release - Volvo Construction Equipment’s acquisition of Swecon is completed (PDF, 338 KB)

“For the full year 2025, the Volvo Group’s net sales amounted to SEK 479.2 billion (526.8) and the adjusted operating income to SEK 51.2 billion (65.7), with an adjusted operating margin of 10.7% (12.5). Return on capital employed in the Industrial Operations was 25.5% (35.8). We generated an operating cash flow of SEK 21.9 billion (45.3) with a strong Q4 and ended the year with a net cash position of SEK 63.0 billion (85.9) in the Industrial Operations, pension and lease liabilities excluded. The Board of Directors proposes an ordinary dividend of SEK 8.50 per share and an extra dividend of SEK 4.50 per share,“ says Martin Lundstedt, President and CEO.

• Volvo Group – Report on the fourth quarter and the full year 2025 (PDF, 2 MB)
• Press Release – Volvo Group – the fourth quarter and full year 2025 (PDF, 516 KB)

For the second year in a row, Volvo Trucks is the market leader in Europe for heavy-duty trucks. In 2025, the company had an overall market share in Europe of 19.0%.  

• Press Release - Volvo leads the market for heavy trucks in Europe (PDF, 521 KB)