The

Volvo Group 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, distributio ...

consists of eight main business areas, which are supported within the group by a number of business units. Volvo logo

Volvo GTT

Volvo Group Trucks Technology is a business unit responsible for

product planning Product Planning, or product discovery, is the ongoing process of identifying and articulating market requirements that define a product's feature set. It serves as the basis for decision-making about price, distribution and promotion. Product pl ...

product development In business and engineering, new product development (NPD) covers the complete process of bringing a new product to market, renewing an existing product or introducing a product in a new market. A central aspect of NPD is product design, along w ...

purchasing Purchasing is the process a business or organization uses to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly betwee ...

and product range management for the four truck companies,

UD Trucks UD Trucks Corporation (UDトラックス株式会社, ''UD Torakkusu Kabushikigaisha'') is a Japanese company whose principal business is the manufacturing and sales of diesel trucks, buses, bus chassis and special-purpose vehicles. Its headquarte ...

, Mack,

Renault Trucks Renault Trucks is a French commercial truck manufacturer with corporate headquarters at Saint-Priest near Lyon. Originally part of Renault, it has been a subsidiary of the Volvo Group since 2001. From its beginnings in 1978 to 2002, the comp ...

and

Volvo Trucks Volvo Trucks ( sv, Volvo Lastvagnar) is a truck manufacturing division of Volvo based in Gothenburg, Sweden. Volvo Trucks was a separate company within Volvo. The Volvo Group was reorganised on 1 January 2012 and as a part of the process, Vo ...

, within the Volvo Group. Volvo 3P has offices in

Allentown Allentown may refer to several places in the United States and topics related to them: *Allentown, California, now called Toadtown, California *Allentown, Georgia, a town in Wilkinson County *Allentown, Illinois, an unincorporated community in Taze ...

Bangalore Bangalore (), List of renamed places in India, officially Bengaluru (), is the Capital city, capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan area, metropolitan population of a ...

Brisbane Brisbane ( ) is the capital and most populous city of the Australian state of Queensland, and the third-most populous city in Australia and Oceania, with a population of approximately 2.6 million. Brisbane lies at the centre of the South ...

Curitiba Curitiba () is the capital and largest city in the state of Paraná in Brazil. The city's population was 1,948,626 , making it the eighth most populous city in Brazil and the largest in Brazil's South Region. The Curitiba Metropolitan area ...

Greensboro Greensboro (; formerly Greensborough) is a city in and the county seat of Guilford County, North Carolina, United States. It is the List of municipalities in North Carolina, third-most populous city in North Carolina after Charlotte, North Car ...

, Gothenburg,

Lyon Lyon,, ; Occitan language, Occitan: ''Lion'', hist. ''Lionés'' also spelled in English as Lyons, is the List of communes in France with over 20,000 inhabitants, third-largest city and Urban area (France), second-largest metropolitan area of F ...

and

Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ...

and employs approximately 5000 people. Volvo Group Trucks Technology (GTT) is the source base for global project and product design and development.Volvo 3P
/ref>

Volvo Powertrain

Volvo Powertrain are the world's largest manufacturers of heavy-duty

diesel engine The diesel engine, named after Rudolf Diesel, is an internal combustion engine in which ignition of the fuel is caused by the elevated temperature of the air in the cylinder due to mechanical compression; thus, the diesel engine is a so-ca ...

s (>9 liter volume). Volvo Powertrain coordinates Volvo's

powertrain A drivetrain (also frequently spelled as drive train or sometimes drive-train) is the group of components that deliver mechanical power from the prime mover to the driven components. In automotive engineering, the drivetrain is the components o ...

activities and supplies the entire Volvo Group with driveline components, such as diesel engines and transmissions, which are either developed and manufactured by Powertrain or purchased. Volvo Powertrain has operations in Sweden, France, and North and South America with total of approximately 8,000 employees.

Volvo Parts

Volvo Parts provide services and tools to support the Volvo aftermarket. Volvo Parts support six business areas within the Volvo Group; Volvo Trucks, Renault Trucks, Mack Trucks,

Volvo Penta Volvo Penta was founded as Penta in 1907 with the production of its first marine engine, the B1. The Penta company soon became an established internal combustion engine manufacturer, which in 1927 delivered the engine for Volvo's first passenge ...

Volvo Buses Volvo Buses (Volvo Bus Corporation / formal name: ''Volvo Bussar AB'') (stylized as VOLVO) is a subsidiary and a business area of the Swedish vehicle maker Volvo, which became an independent division in 1968. It is based in Gothenburg. It is on ...

and

Volvo Construction Equipment Volvo Construction Equipment - Volvo CE - (originally Munktells, Bolinder-Munktell, Volvo BM) is a major international company that develops, manufactures and markets equipment for construction and related industries. It is a subsidiary and busine ...

Volvo Technology

Volvo Technology is the center for research and

innovation Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entit ...

within the Volvo Group, mainly developing new technologies and concepts for products and processes within the transport industry. Primary customers are the Volvo Group companies, but services are also provided to some selected suppliers. Volvo Technology participates in national and international research programs involving

universities A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States, ...

, research institutes, other companies and stakeholders in e.g. society. The business unit has around 500 employees and operates in Gothenburg (Sweden), Lyon (France), Greensboro and Hagerstown (US), Bangalore (India) and Ageo (Japan).

Volvo Information Technology

Volvo IT . Clients include the Volvo Group, Geely-owned Volvo Cars, and other large industrial external companies. Volvo IT has around 6000 employees and offices in Gothenburg,

Skövde Skövde () is a Urban areas in Sweden, locality and urban centre in Skövde Municipality and Västra Götaland County, in the Västergötland, Västergötland (Western Gothland region) in central Southern Sweden. Skövde is situated some 150 ...

Olofström Olofström, previously Holje by, is a locality in Blekinge County, Sweden with 7,327 inhabitants in 2010. in 1967, the market town of Olofström was merged with the villages Kyrkhult and Jämshög to create Olofström Municipality. Olofström ...

Wrocław Wrocław (; german: Breslau, or . ; Silesian German: ''Brassel'') is a city in southwestern Poland and the largest city in the historical region of Silesia. It lies on the banks of the River Oder in the Silesian Lowlands of Central Europe, rou ...

Ghent Ghent ( nl, Gent ; french: Gand ; traditional English: Gaunt) is a city and a municipality in the Flemish Region of Belgium. It is the capital and largest city of the East Flanders province, and the third largest in the country, exceeded i ...

Kuala Lumpur , anthem = ''Maju dan Sejahtera'' , image_map = , map_caption = , pushpin_map = Malaysia#Southeast Asia#Asia , pushpin_map_caption = , coordinates = , sub ...

Tianjin Tianjin (; ; Mandarin: ), alternately romanized as Tientsin (), is a municipality and a coastal metropolis in Northern China on the shore of the Bohai Sea. It is one of the nine national central cities in Mainland China, with a total popu ...

, Changwon,

Ageo 260px, Ageo Maruyama Park is a city located in Saitama Prefecture, Japan. , the city had an estimated population of 229,517 in 103,709 households and a population density of 5000 persons per km². The total area of the city is . Geography Ag ...

and

. Volvo intends to divest external IT business and outsource IT infrastructure operations to

HCL Technologies HCLTech (formerly Hindustan Computers Limited or HCL Technologies) is an Indian multinational information technology (IT) services and consulting company headquartered in Noida.It emerged as an independent company in 1991 when HCL entered into ...

Volvo Logistics

Volvo Logistics designs and manages business logistics systems for the automotive and

aviation Aviation includes the activities surrounding mechanical flight and the aircraft industry. ''Aircraft'' includes fixed-wing and rotary-wing types, morphable wings, wing-less lifting bodies, as well as lighter-than-air craft such as hot a ...

industries. They are represented in Europe, North and South America and Asia, close to customers' largest plants or logistic hubs. Volvo Logistics serve customers both within and outside the Volvo Group and has around 700 employees and a turnover of approximately SEK 7 billion.

Volvo Technology Transfer

Volvo Technology Transfer AB develops and supports new businesses with relevance for the Volvo Group.

Volvo Business Services

Volvo Business Services is a global company that provides the

of companies with rational, cost-efficient and high quality services in the

human resources Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ...

and financial administration areas.

List of Volvo Business Areas

Mack Trucks Mack Trucks, Inc., is an American truck manufacturing company and a former manufacturer of buses and trolley buses. Founded in 1900 as the Mack Brothers Company, it manufactured its first truck in 1905 and adopted its present name in 1922. Mack ...

Nissan Diesel UD Trucks Corporation (UDトラックス株式会社, ''UD Torakkusu Kabushikigaisha'') is a Japanese company whose principal business is the manufacturing and sales of diesel trucks, buses, bus chassis and special-purpose vehicles. Its headquarte ...

Volvo Aero Volvo Aero was a Swedish aircraft, guided missiles and rocket engine manufacturer. It became ''GKN Aerospace Engine Systems'' following the company's acquisition by British engineering conglomerate GKN during 2012. It was originally establi ...

Volvo Financial Services Volvo Financial Services (VFS), established in 2001, develops and coordinates AB Volvo's operations in dealer and customer financing, insurance, and related services. Its world headquarters are located in Greensboro, North Carolina, USA. A global ...