Volvo 2006 Annual Report Download - page 3
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North America South America E
Net sales, SEK M 73,657 12,533
Percentage of the Volvo Group’s sales, % 30 5
Production facilities
■ Mack Trucks Macungie, New River Valley (US) Las Tejerias (VE)
■ Renault Trucks
■ Volvo Trucks New River Valley (US) Curitiba (BR) G
■ Buses St Claire, St Eustache (CA), Mexico City (MX) Curitiba (BR) B
■ Construction Equipment Asheville (US), Goderich (CA) Pederneiras (BR) A
■ Volvo Penta Lexington (US)
■ Volvo Aero Boca Raton, Newington (US)
■ Volvo Powertrain Hagerstown (US) Curitiba (BR) K
a S
L
A global group
Volvo Group customers are active in more than
180 countries worldwide, mainly in Europe and
North America as well as to a considerable
extent in Asia. Group sales of products and
services are conducted through wholly owned
and independent dealers. The global service
network handles customer demand for spare
parts and other services.
During 2006, the Group’s workforce rose to
83,187 employees in 58 countries. The majority
of employees are based in Sweden, France and
the US.
A key feature of the Volvo Group’s growth
strategy is to increase its presence in emerging
markets, primarily in Asia and Eastern Europe.
During 2006, the Group increased its sales in
Eastern Europe by 41%. Volvo implemented
investments in Asia during 2006 in Japan and
China. These provided a platform for increased
sales and in the long term are expected to con-
tribute to the Group’s growth target.
2006
73.7 SEK bn
2000
38.2 SEK bn
2006 12.5 SEK bn
2000
4.7 SEK bn