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SHAPING THE WORLD

Volvo Group offers a wide range of products, services
and financial solutions across the globe.

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WELCOME TO VOLVO GROUP

Over 104,000 employees. 14 brands. 190 markets. Production facilities in 18
countries. Trucks, buses, construction equipment and marine and industrial
engines. Complete solutions for financing and service. 

This is who we are.

The share
SSE Volvo B
Share price 274.3 SEK
SSE Volvo B
3.5%
Nasdaq Stockholm
10/18/2024 5:29:48 PM CET


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COMMENTS ON THIRD QUARTER

“In Q3 2024, demand continued to normalize on most of the Volvo Group’s markets.
We are seeing that freight and construction activity has come down in many
regions across the world compared with the very high levels of last year. Our
net sales decreased by 7% when adjusted for currency and amounted to SEK 117.0
billion (132.3). Sales of vehicles were 11% lower than last year while sales of
services remained resilient and increased by 4%. We continued to generate good
profits on the lower sales volumes with an adjusted operating income of SEK 14.1
billion (19.3) and a margin of 12.0% (14.4) thanks to hard work by our
colleagues and business partners,” says Martin Lundstedt, President and CEO.


The Volvo Group report on the third quarter 2024 was published on October 18,
2024.

 


 


LATEST NEWS




LATEST PRESS RELEASE


LATEST PRESS RELEASE

 * Press release
   2024-10-18 October 18, 2024
   
   
   VOLVO GROUP – THE THIRD QUARTER 2024
   
   “In Q3 2024, demand continued to normalize on most of the Volvo Group’s
   markets. We are seeing that freight and construction activity has come down
   in many regions across the world compared with the very high levels of last
   year. Our net sales decreased by 7% when adjusted for currency and amounted
   to SEK 117.0 billion (132.3). Sales of vehicles were 11% lower than last year
   while sales of services remained resilient and increased by 4%. We continued
   to generate good profits on the lower sales volumes with an adjusted
   operating income of SEK 14.1 billion (19.3) and a margin of 12.0% (14.4)
   thanks to hard work by our colleagues and business partners,” says Martin
   Lundstedt, President and CEO.   
 * Press release
   2024-10-04 October 4, 2024
   
   
   INVITATION TO PRESS AND ANALYST CONFERENCE IN STOCKHOLM
   
   The Volvo Group report for the third quarter 2024 will be published on
   October 18, 2024 at 7.20 a.m. CEST.
 * Press release
   2024-10-01 October 1, 2024
   
   
   JOACHIM ROSENBERG TO RESIGN AS VOLVO GROUP EXECUTIVE BOARD MEMBER
   
   After many years of service Joachim Rosenberg has decided to resign from his
   role as member of the Volvo Group Executive Board, EVP Strategic Initiatives
   and President of Volvo Energy. His managerial assignments within the Group
   will be distributed to other members of the Volvo Group Executive Board.
 * Press release
   2024-09-18 September 18, 2024
   
   
   POLITICAL SCIENTIST AWARDED THE VOLVO ENVIRONMENT PRIZE 2024
   
   Press release from the Volvo Environment Prize Foundation Governments and
   organizations meet year-round to make crucial decisions to solve global
   environmental problems. Why, then, is progress so slow? This is the research
   area of Frank Biermann, a political scientist who proposes a reformed United
   Nations and new institutions to reach sustainability goals. He is awarded the
   Volvo Environment Prize 2024 (http://www.environment-prize.com/) for his
   research on environmental governance.
 * Press release
   2024-09-10 September 10, 2024
   
   
   VOLVO GROUP VENTURE CAPITAL INVESTS IN AIFLEET, AN AI-DRIVEN TRUCKING COMPANY
   
   Volvo Group Venture Capital AB invests in the U.S.-based company aifleet, a
   trucking company leveraging its unique AI-technology to reshape the future of
   trucking focusing on truck utilization and driver satisfaction.
 * Press release
   2024-09-03 September 3, 2024
   
   
   BREAKTHROUGH: VOLVO TO LAUNCH ELECTRIC TRUCK WITH 600 KM RANGE
   
   Up to 600 km on one single charge. That’s how far Volvo’s next-generation
   heavy-duty electric truck will be able to drive. The longer range represents
   a breakthrough for long-distance transport with zero tailpipe emissions.

View all press releases


REIMAGINING MOBILITY TO IMPROVE
LIVES SINCE 1927

Since 1927, Volvo has developed from a small local industry to one of the
leading suppliers of commercial transport and infrastructure solutions providing
products such as trucks, buses, construction equipment, and drive systems for
marine and industrial applications.


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