Volvo 2005 Annual Report Download - page 6
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Volvo Trucks
manufactures medium-
heavy to heavy trucks for
long-haul, regional trans-
port, and construction
operations.
Renault Trucks
offers many types of
vehicles from light trucks
for delivery to heavy
trucks for long haulage.
Mack Trucks
manufactures heavy-
duty trucks primarily
for the vocational
segment and heavy
regional transports.
Volvo 3P is responsible for product planning, product development and for
purchasing for the Group’s truck operations.
Volvo Powertrain supplies the Volvo Group with diesel engines, transmission
systems and axles.
Volvo Parts supplies services to support the aftermarket for business areas within
the Group.
Volvo Technology develops new technologies and business solutions for the
Group companies.
Volvo Logistics develops and manages logistics solutions for the automotive and
aerospace industries worldwide.
Volvo Information Technology supplies IT solutions for industrial and commercial
processes within and outside the Group.
Organization
The Volvo Group has about 82,000 employees.
The Volvo Group is organized into eight product-
related business areas and a number of support-
ing business units. The organization, with busi-
ness areas and support units, creates the
conditions for proximity to customers and effi-
cient resource utilization within the Group.
Percentage of the Volvo Group’s sales, %
Percentage of the Volvo Group’s operating
income, %.
The business units are respon-
sible for development and delivery
of components, services and sup-
port to the business areas world-
wide. The four largest business
units are Volvo Powertrain, Volvo
IT, Volvo Parts and Volvo 3P.
Position on world market In total, the Volvo Group
is Europe’s largest and
the world’s second larg-
est manufacturer of
heavy trucks.
Number of
employees 35,680
2,930
8,130
3,500
380
980
4,390
Business areasBusiness units
2Volvo Group 2005