Volvo Financial Services (VFS), established in 2001, develops and coordinates

AB Volvo The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributi ...

's operations in dealer and customer

financing Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses ...

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

, and related services. Its world headquarters are located in Greensboro, North Carolina, USA. A global organization operating in nearly 50 countries, VFS focuses exclusively on providing

financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

to the Volvo Group's internal and external

customer In sales, commerce, and economics, a customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for ...

s. VFS offers its products under the labels of: Mack Financial Services, Renault Trucks Financial Services, SDLG Financial Services, and Volvo Financial Services. Each line is designed to support one or more of the product brands offered by the Volvo Group. The Volvo Group is one of the world's leading producers of vehicles and construction equipment. Volvo Financial Services does not provide financing for Volvo Cars, which was sold to Ford Motor Company in 1999.

References

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Volvo Group
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Financial Services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

Companies based in Gothenburg Swedish companies established in 2001 Financial services companies of Sweden {{Sweden-company-stub