Volvo 2007 Annual Report Download - page 18
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Please find page 18 of the 2007 Volvo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Reduced climate impact
The diesel engine is highly effi cient and can be
operated with various types of fuel. The Volvo Group
has made signifi cant progress in the development of
engines that are adapted for alternative fuel types.
By constantly developing and improving its
products and services in close cooperation
with customers, the Group strengthens its
competitiveness while creating value for cus-
tomers and thus helping to generate future
shareholder value.
It is not enough to produce and sell high-
quality products in order to realize the Volvo
Group’s vision of being the world-leader in
commercial transport solutions. Many custom-
ers want long-term cooperation on complete
solutions, so the Volvo Group provides various
services – such as fi nancing and insurance,
different types of service contracts, and acces-
sories and spare parts – that support the core
products.
World-class products
The Volvo Group is the world’s largest manu-
facturer of heavy diesel engines for commer-
cial use and a signifi cant manufacturer of
drivelines for heavy vehicles. The Group has
production, research and development facili-
ties for drivelines on three continents, and the
products are sold to customers in more than
180 markets worldwide.
The drivelines are designed so they can be
adapted to a large number of applications in
most of the Group’s products. The diesel
engines are used in trucks, buses and con-
struction equipment, as well as in boats and
industrial applications, such as generator
units.
Products
Products and services
that create added value
During the year, the Group exhibited trucks that can
be operated using seven types of renewable fuels.
The diesel engine is also the basis of various types
of hybrids using electrical engines, batteries and
fuel cells.
The Volvo Group has products with strong brand names that have
been built up over a long time. The Volvo Group’s mission includes
“using our combined expertise to create transport-related prod-
ucts and services of superior quality, safety and environmental
care, for demanding customers in selected segments.”
14 A global group 2007