AB Volvo (OMX Stockholm: VOLVB)
Torslanda, Sweden (Map) Phone: +46-31-660-000
Primary US Office:
Subscribers Only http://www.volvogroup.com
Overview
Despite the fact that the name "Volvo" still conjures up visions of soccer moms, AB Volvo should really only inspire images of burly truck drivers. The company is one of the world's largest makers of trucks, buses, and construction equipment. In North America, the company makes big rigs through its Volvo Trucks North America unit; Volvo also owns controlling interests in the well-known Mack Trucks brand in North America and Renault Trucks in Europe. Other products include marine (Volvo Penta), aircraft (Volvo Aero), and industrial engines. Volvo's most widely known business -- auto making -- was sold to US-based carmaker Ford in 1999. (Ford, in turn, sold the business in mid-2010 to Geely Automobile of China.)
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for AB Volvo (OMX Stockholm: VOLVB)
| Company Type | Public (OMX Stockholm: VOLVB; Pink Sheets: VOLVY [ADR]) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £25,225.1 |
| 1-Year Sales Growth | 28.5% |
| 2010 Net Income (mil.) | £1,035.3 |
| 2010 Employees | 94,250 |
| 1-Year Employee Growth | (2.9%) |
Key People from Hoover's UK
Key people and executives for AB Volvo (OMX Stockholm: VOLVB)
| Chairman | Louis Schweitzer (Subscribers see complete biographies -- view sample)
|
|---|---|
| Head Volvo Group Media Relations | Mårten Wikforss |
| SVP Strategic Planning and Business Development, Volvo Trucks Global | Ricard Fritz |
Top Competitors from Hoover's UK
Top competitors of AB Volvo (OMX Stockholm: VOLVB)
There are 25 competitors for Volvo; see more.Significant Developments
View company events at AB Volvo (OMX Stockholm: VOLVB) such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Top Executive Change | Subscribers get full details -- view a sample |
| Top Executive Change |
Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
More Industry InformationSubsidiaries/Affiliates Covered By Hoover's UK
Subsidiaries/affiliates of AB Volvo (OMX Stockholm: VOLVB)
- Mack Trucks, Inc.
- Prevost Car
- Renault Trucks UK Ltd
- UD Trucks Corporation
- VFS US LLC
- Volvo Aero Corporation
Rankings from Hoover's UK
See how AB Volvo (OMX Stockholm: VOLVB) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones
- #225 in FT Global 500 (June 2011)
