AB VOLVOCompany logo

Sweden (SE)

OpenCorporation rating: 52.04 on 100

Ranking 2019: 137 on 504 companies


Primary and secondary NACE classification:
• Manufacture of motor vehicles (2910)
• Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers (2920)

Company description

This company, with headquarters in Goteberg, Sweden, is engaged in the manufacture of Volvo trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. It also provides complete solutions for financing and services.Founded in 1927, the company is organized into the following business areas: Volvo trucks, a Swedish truck manufacturer and is the world's second largest heavy-duty truck brand; Volvo buses, the world's second largest bus manufacturer, with a complete range of heavy buses for passenger transportation and its product range includes complete buses and coaches as well as chassis combined with a comprehensive range of services; Volvo construction equipment that develops, manufactures and markets equipment for the construction and related industries; Volvo Penta which provides engines and complete power systems to leisure boats, workboats, power-generating equipment and similar industrial applications and also manufacturers sterndrive systems; Volvo aero which develops and manufactures components for aircraft and rocket engines with high technology content in co-operation with the world's leading engine manufacturers; and Volvo financial services that specializes in developing and coordinating Volvo's operations within customer financing, insurance, treasury, real estate and related services. The company is one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. It offers vehicles under various brand names such as Volvo, Mack, Renault trucks, Prevost and Nova bus. The company conducts sales in about 185 countries worldwide, either through wholly owned companies or independent dealers.Its customers are active in more than 180 countries worldwide, mainly in Europe and North America as well as to a considerable extent in Asia. It has production facilities in North America, South America, Europe, Asia, South Africa and Australia.

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OpenCorporation questionnaire

The read only version of the questionnaire submitted to this company is publicly available: view questionnaire.

score (max is 100)
ratings 2018
56.3
53.3
93
93
55.5
54.4
34.4
43
51.2
51.2
9.7
9.7
48
48
97.2
47

About this evaluation

This company did not compile the OpenCorporation questionnaire, for this reason this evaluation was made only on data available to the project staff.

Claims and support from the company

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