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Volvo Group business structure

The Volvo Group is organized in product-related business areas and supporting business units. This organization permits companies to work closely with their customers and efficiently utilize Group-wide resources.

The business units are organized globally and created to combine expertise in key areas. They have the overall responsibility for product planning and purchasing, and for developing and delivering components, subsystems, services, and service and support to the Group’s business areas. The structure of the Group creates economies of scale in several areas, such as product development, production, parts supply and logistics, as well as in administration and support functions.

Business areas
Some 75 percent of the Group’s workforce of more than 100,000 employees are employed in our nine product-related companies, see list below. 

Business units
The task of the business units is to develop and supply components, services and support for the Group’s companies. The major business units are listed below.

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Volvo Trucks » Volvo Trucks supplies complete transportation solutions to professional and commercial customers in more than 130 countries Renault Trucks » Renault Trucks is one of the market leaders in Europe with a rapid international development Volvo Buses » Volvo Buses is a leader in environmentally sound engines. Already today, customers can purchase Volvo engines meeting emissions standards that are not proposed to become effective until 2009. Volvo Penta » Volvo Penta operates in three areas of activity: Marine Leisure, Marine Commercial and Industrial Volvo Financial Services » VFS offers traditional financial services such as installment contracts, operating and financial leasing and dealer financing Volvo Powertrain »  Volvo Powertrain is responsible for the development and production of heavy engines, gearboxes and driveshafts Volvo Technology » Volvo Technology is the centre for innovation, research and development in the Volvo Group Volvo Information Technology » Volvo IT provides IT solutions for the whole industrial process, from product development and manufacturing to sales, the aftermarket and administration, including IT operations and infrastructure. Volvo Business Services » We provide Volvo companies with rational, cost-efficient and high quality services in the human resources and financial administration areas Volvo Group Real Estate » Provides commercial properties and optimize synergies regarding all real estate within the Volvo Group Products and services » Volvo Group offers transport solutions to demanding customers around the world
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