Volvo 2005 Annual Report Download - page 159

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Construction equipment
Volvo Construction Equipment devel-
ops, manufactures and markets equip-
ment for construction and related indus-
tries. Its products are leaders in many
world markets, and include a compre-
hensive range of wheel loaders, hydrau-
lic wheeled and crawler excavators,
articulated haulers, motor graders and a
wide range of compact equipment.
Engine components Engine overhaul Space
Aerospace industry
Volvo Aero specializes in a number of
highly advanced components for
aircraft and space rockets. More than
80% of all new large commercial
aircraft are equipped with components
from Volvo Aero, which is also
responsible for the engines of the
Swedish Air Force’s Gripen fighters.
Volvo Aero also has a substantial after-
market, which includes engine overhaul
and spare parts sales.
In-house bank Property management
Financial services
Financial Services contributes to
create shareholder value through its
customer and dealer financing
activities, plus its treasury and real
estate operations. Providing cost
effective and attractive financing
solutions is essential in retaining
existing customers and attracting new
ones to the Volvo Group.
Compact construction equipment Heavy construction equipment
Customer financing