Volvo 2001 Annual Report Download - page 6

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Business structure
The Volvo Group
Volvo is one of the world’s leading manufac-
turers of heavy commercial vehicles and die-
sel engines. Volvo also offers a comprehensive
range of customized solutions in financing,
leasing, insurance and service, as well as com-
plete transport systems for urban traffic.
As of 2002, the Volvo Group is organized
in eight business areas: Volvo Trucks, Renault
Trucks, Mack Trucks, Volvo Buses, Volvo Con-
struction Equipment, Volvo Penta, Volvo
Aero and Volvo Financial Services.
In addition to the eight business areas,
there are a number of business units with
responsibility for providing support Group-
wide. The four largest business units are:
Volvo IT, Volvo Parts, Volvo Powertrain and
Volvo 3P.
2
Volvo’s truck manufacturing
operations started in 1928.
Today, Volvo Trucks is the world’s
third-largest producer of heavy
trucks. Vehicles of more than
16 tons account for 90% of
total production. Volvo Trucks’
products are marketed in more
than 130 countries, with most
sales in Western Europe and
North and South America.
Volvo’s market share for heavy
trucks in 2001 was 14.5% in
Western Europe (>16 tons)
and 10% in North America
(>15 tons).
Powertrain
Information Technology
Parts
Volvo is one of the world’s largest manufacturers of heavy duty diesel engines (>8 liter volume).
The new Powertrain organization coordinates Volvo’s driveline 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,
North America and South America with a total of approximately 8,000 employees.
3P Volvo 3P is a worldwide organization with
responsibility to coordinate Product planning,
Purchasing, Product development and Program
management for the three truck companies,
Mack, Renault and Volvo Trucks.
Volvo IT provides the Volvo Group, Volvo Cars and selected customers with cost-effective, complete
IT solutions resulting in long-term business value.
Volvo Information Technology is present in Europe, North America, South America and Asia.
Volvo Parts provides services that support the aftermarket for all business areas in the Volvo Group,
except for Volvo Aero and Financial Services. The services cover three different areas Logistics, Volvo
Action Service and Product Support Development.
Renault Trucks is one of the larg-
est European manufacturers of
commercial vehicles, with its ori-
gins in the Renault automobile
company that was founded in
1898, and also in Berliet, anoth-
er manufacturer founded in the
same year. Renault Trucks offers
all types of commercial vehicles,
ranging from light trucks for
urban distribution services to
special vehicles and heavy
trucks for long-haul operations.
Renault’s market share in
Western Europe was 12% for
heavy trucks (>16 ton), and
nearly 9% in the 6–16 ton
category.
Mack is one of the largest
manufacturers of heavy trucks
in North America, with a market
share of 14.3%. Mack was
founded in 1900, and focused
on commercial vehicles from the
start. Today, Mack is one of the
strongest heavy-truck brands in
North America. In the vocational
segment of the North American
market, Mack is the indisputable
leader. The product program
includes heavy and medium-
heavy trucks, military vehicles
and special-purpose commercial
vehicles. Mack vehicles are sold
and serviced in more than 45
countries worldwide.
Volvo Trucks Renault Trucks Mack Trucks