AB Volvo Company Information

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AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company offers trucks for long-haulage, construction, mining, and distribution purposes under the Volvo, UD Trucks, Renault.

AB Volvo Company Information


1915: The Swedish firm Svenska Kullagerfabriken (SKF) forms a subsidiary called AB Volvo to investigate the manufacturing of cars. 1927: Production of Volvo cars begins at a factory in Göteborg. 1928: First Volvo truck model rolls off the assembly line. 1935: Company gains full independence from SKF, and its stock is listed on the Stockholm.

AB Volvo


Volvo Group is headquartered in Gothenburg, Sweden, employs around 104,000 people and serves customers in almost 190 markets. In 2022, net sales amounted to SEK 473 billion (EUR 44.5 billion). Volvo shares are listed on Nasdaq Stockholm. Discover our broad range of products, services, and solutions. SSE Volvo B. 245.05 SEK. 0.7%. Nasdaq Stockholm.

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In 2016 a subsidiary of ZGH, Nanchong Geely Commercial Vehicle Company acquired Dongfeng Nanchong Automobile Company on 4 March 2016, from the government of Nanchong for CNY406,826,400 (then USD62,588,676) in Sichuan province. Geely then allegedly invested CNY7 billion to create new energy vehicle (NEV) division.. AB Volvo also has an.

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Volvo Group has 5 employees across 25 locations and kr473.48 b in annual revenue in FY 2022. See insights on Volvo Group including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Advanced. Product.. AB Volvo's Board of Directors withdraws proposal of extra dividend, maintains ordinary.

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Volvo is one of the world's best known and respected brands in the transport, infrastructure and mobility sectors, made up of the following business areas and business units. Trucks , Buses , Construction Equipment , Financial Services , Autonomous Solutions , Energy , Defense. Volvo Penta is a world-leading supplier of engines and complete.

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Feel free to distribute or cite this material, but please credit OpenSecrets. For permission to reprint for commercial uses, such as textbooks, contact OpenSecrets: [email protected]. We follow the money. You make it possible. AB Volvo organization profile. Contributions in the 2022 cycle: $98,381. Lobbying in 2021: $0. Outside Spending in.

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2023-12-14. AB Volvo. Volvo Construction Equipment (Volvo CE) and the Ammann Group have reached an agreement whereby Ammann will acquire Volvo CE's global ABG paver business. As a result of the planned transaction, the Volvo Group's operating income will be negatively impacted by approximately SEK 650 M in the fourth quarter of 2023.

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Volvo Cars and AB Volvo share the Volvo logo, and cooperate in running the Volvo Museum. In March 2021,. The company was created as a subsidiary to SKF. Assar Gabrielsson was appointed managing director and Gustav Larson technical manager. Volvo logotype in 1927.

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AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania.. and an agreement with NVIDIA and Aurora to develop autonomous trucks. AB Volvo (publ) was incorporated in 1915 and is.

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AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia.

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Formed in 2001, VFS is the finance arm for the Volvo Group, one of the world's leading providers of transport solutions in the truck, construction equipment, bus and marine industries. Volvo Financial Services can tailor a flexible financial solutions to help you buy or lease your vehicle or machine and keep it running for as long as you own it.

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Dec 14, 202303:00 PST. AB Volvo. Volvo Construction Equipment (Volvo CE) and the Ammann Group have reached an agreement whereby Ammann will acquire Volvo CE's global ABG paver business. As a result of the planned transaction, the Volvo Group's operating income will be negatively impacted by approximately SEK 650 M in the fourth quarter of 2023.

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In Australia we build both our truck brands Volvo Trucks and Mack Trucks. Production takes place in the same factory in Brisbane. In South Africa our Volvo Trucks and Renault Trucks models are assembled in a joint factory in Durban. Volvo Group Wacol Site Financial figures 2021. Net sales: SEK 21,797 M (19,755) Share of net sales: 6% (6)

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The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO). In 2016, it was the world's second-largest manufacturer of heavy-duty trucks with its subsidiary Volvo Trucks. Volvo was founded in 1927. Initially involved in the automobile industry, Volvo expanded into other manufacturing.

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2.2 "AB Volvo" means the Swedish company AB Volvo which is the parent company of the Volvo Group. 2.3 "AB Volvo Subsidiary" means any company within the Volvo Group other than AB Volvo. 2.4 "Defective Part" means any Part not meeting the requirements set out in Section 11.1-11.3.

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