Volvo 2006 Annual Report Download - page 6

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Organization
Volvo Trucks
manufactures medium-
heavy to heavy trucks
for long-haul, regional
transport, and construc-
tion 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
construction, refuse and
and heavy regional
transports.
Business areas
Some 75 percent of the Group’s workforce of about 83,000
employees is employed in the eight product-related business
areas. Linked to these companies are a number of business
units that supply components and services to support the
Group’s business areas globally. This organizational config-
uration permits companies to work closely with their custom-
ers and efficiently utilize Group-wide resources.
Percentage of the Volvo Group’s net sales, %
Percentage of the Volvo Group’s operating income, %
Position on world market
Business units
The task of the business
units is to develop and sup-
ply components, services
and support for the
Group’s business areas.
The major business units
are Volvo Powertrain,
Volvo IT, Volvo Parts and
Volvo 3P.
Volvo 3P
2,872
Volvo Powertrain
8,274
Volvo Parts
3,575
Volvo Technology
403
Volvo Logistics
1,004
Volvo Information
Technology 4,663
In total, the Volvo Group
is Europe’s largest and
the world’s second larg-
est manufacturer of
heavy trucks.
35,180
Number of
employees
Volvo 3P is responsible for product planning, product development and for purchasing for the
Group’s truck operations.
Volvo Powertrain coordinates Volvo Group’s powertrain operations and supplies the Group’s
business areas with integrated powertrain systems comprising diesel engines, transmission sys-
tems 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.
2 A global group 2006