Volvo 2006 Annual Report Download - page 22

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Leading supplier of commercial
transport solutions
The Volvo Group’s mission includes “using our combined
exp ertise to create transport-related products and services of
superior quality, safety and environmental care for demanding
customers in selected segments.”
Through constant development and improve-
ment of products and services, the Group’s
competitiveness is strengthened at the same
time as value is created for customers, thereby
helping to create future value for shareholders.
It is not enough to manufacture and sell
high-quality products to realize the Volvo
Group’s vision of being the world leader in
commercial transport solutions. Many custom-
ers expect complete transport solutions, which
creates a need to be able to offer various ser-
vices, accessories and spare parts to support
key products.
Vehicles and equipment
The Volvo Group is the world’s largest manu-
facturer of heavy-duty diesel engines for com-
mercial use and also a significant manufacturer
of drivelines for heavy vehicles. The Group has
manufacturing, research and development
facilities for drivelines on three continents and
its products are offered in more than 180 mar-
kets around the world.
Drivelines are designed so that they can be
adapted a large number of applications in most
of the Group’s products. Diesel engines are
used in trucks, buses and construction equip-
ment as well as in boats and industrial applica-
tions such as, for example, generator sets.
The strongest driving force to development
of drivelines is customers’ needs and requests.
The new Renault Midlum and Renault
Premium Distribution
New Renault Midlum and Renault Premium Distri–
bution vehicles were launched in 2006. These latest
models feature the new 5- and 7-liter engines
(Renault Midlum) as well as 7- and 11-liter engines
(Renault Premium Distribution), which comply with
Euro 4 emission requirements. Certain models are
also prepared for the Euro 5 standard, which
will come into effect in 2009.
World premier for Volvo 7700
The new version of the Volvo 7700 city bus was
unveiled in June 2006. The major innovation in the
Volvo 7700 is the switch from a 7-liter to a 9-liter
engine, which is available in both diesel and gas ver-
sions. As a result of Volvo selecting SCR catalyzer
technology, Volvo Buses can now offer customers an
engine that meets both the Euro 4 and Euro 5 stand-
ards, while also cutting fuel consumption.
Volvo Group’s hybrid technology for heavy
vehicles and machinery
At the beginning of the year, the Volvo Group pre-
sented a new, efficient hybrid solution for heavy
vehicles. The Volvo Group’s hybrid technology offers
the largest fuel savings on stretches involving con-
siderable braking and acceleration, as in the case of
city buses, city distribution operations, refuse appli-
cations and construction work. Fuel savings are up
to 35% in these applications.
Products
18 A global group 2006