Volvo, Sweden

AB Volvo (or Aktiebolaget Volvo) of the Volvo Group is a Swedish automobile manufacturing company established in 14th April 1927. it is based in the city of Göteborg Gothenburg, Sweden. Branded as a premier car making company of the world, the Volvo Group produces and markets commercial vehicles, trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and financial services, to over 180 countries located in Asian, European and North American continents.

According to the 2006 survey, the workforce increased to 83,187 employees in 58 countries, out of which majority are based in Sweden, France and the US. The sale figure in Eastern Europe has risen by 41% complimented by an increase in the investment by Asians (Japan and China) during 2006.

Under the chairmanship of Leif Johansson, The Volvo Groups surges to meet a long-term growth target every year, with a consistent operational income of SEK 22,111 M. The trademark is now been jointly owned (50/50) by Volvo and Ford. Marketed under three symbols:

1) The VOLVO brand - VOLVO is Latin for 'I roll'
2) The iron symbol (or Mars symbol) and
3) The diagonal stripe

The Volvo Group works with the following business areas of:

• Volvo Trucks
• Mack Trucks
• Renault Trucks
• Volvo Buses
• Volvo Construction Equipment
• Volvo Penta
• Volvo Aero
• Volvo Financial Services

and are supported by a number of business units:

• Volvo 3P
• Volvo Powertrain
• Volvo Parts
• Volvo IT
• Volvo Technology
• Volvo Technology Transfer
• Volvo Business Services