Volvo 2000 Annual Report Download - page 4

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2
THE VOLVO GROUP
Business areas in 2000
Trucks
Volvo offers a broad range of
heavy-duty and medium-heavy
trucks for all kinds of transport
needs, from city distribution to
construction work and long-dis-
tance transports. The customer
offer also includes an extensive
range of services such as financ-
ing and maintenance, as well as
IT-based systems for fleet man-
agement. Volvo Trucks has a
global industrial structure with
sales and service worldwide.
Sales declined by 1%
Operating income amounted to
SEK 1,414 M
Launch of a new medium-
heavy truck in Europe, the
Volvo FL, and a new series of
vocational trucks in the U.S.,
the Volvo VHD.
Construction Equipment
Volvo provides construction
equipment – excavators, wheel
loaders, motor graders, articu-
lated haulers and compact
equipment – to customers all
over the world. Production
takes place on four continents
and service is offered world-
wide, including the global sup-
ply of spare parts. Volvo CE
works in close cooperation
with its customers, in order to
understand and meet the cus-
tomer’s demands.
Sales increased by 6%
Operating income amounted to
SEK 1,594 M
Launch of two new articulated
haulers, the A35D and the
A40D, and a new generation of
wheel loaders, motor graders
and an extension of the excava-
tor range.
96 97 98 99 00
40.3 47.4 58.5 63.0 62.2
96 97 98 99 00
783 1,707 2,815 3,247 1,414
96 97 98 99 00
1.9 3.6 4.8 5.2 2.3
96 97 98 99 00
8.5 10.6 14.3 14.7 17.2
96 97 98 99 00
331 550 385 224 440
96 97 98 99 00
3.9 5.2 2.7 1.5 2.6
96 97 98 99 00
12.8 16.7 19.4 18.9 20.0
96 97 98 99 00
1,162 1,436 1,536 1,709 1,594
96 97 98 99 00
9.1 8.6 7.9 9.1 8.0
Net sales (SEK bn)
Operating income
(SEK M)
Operating margin (%)
Buses
Volvo is the world’s second-
largest bus manufacturer, with a
variety of products to meet the
customers’ requirements on
complex transport solutions.
The product range includes
complete buses, bus chassis and
bodies as well as financing and
service contracts. Volvo Buses
also offers complete system
solutions in cooperation with
Volvo Mobility Services. Volvo
Buses has grown rapidly through
acquisitions and has production
in Europe, North and South
America and Asia.
Sales increased by 17%
Operating income amounted to
SEK 440 M
Launch of a global product plat-
form for coaches and intercity
buses. New joint venture in
Shanghai including production
and sales of city and commuter
buses.
Volvo Global Trucks
As of January 2, 2001, a new
business area was formed that
includes the truck operations of
Mack, Renault and Volvo.
Volvo Global Trucks is the
largest producer of heavy trucks
in Europe and the second
largest producer in North
America and the rest of the
world. See also page 8.