Volvo 2009 Annual Report Download - page 3

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Volvo Group
Net sales development over ten years
North America
South America
Europe
+36%
–13%
+326%
2009
1999
94.169.1
2009
1999
37.343.0
2009
1999
16.63.9
The Volvo Group is one of the leading suppliers of commercial
transport solutions providing products such as trucks, buses, cons-
truction equipment, engines and drive systems for boats and indus-
trial applications as well as aircraft engine components. The
Volvo Group also offers its customers fi nancial solutions.
The Group has about 90,000 employees, production facil-
ities in 19 countries, and sales activities in some 180 countries.
Strategy
The Volvo Group’s strategy is based on customers’ requirements
and is focused on profi table growth, product renewal and internal
effi ciency. &
7
Organization
The Volvo Group has product-related companies and supporting
business units. This makes for close cooperation with customers
and an effi cient use of Group-wide resources.
&
04
Volvo 3P
Volvo Powertrain
Volvo Parts
Volvo Logistics
Volvo Business Services
Volvo Information Technology
Volvo Group Real Estate, Volvo Technology
SEGMENT
BUSINESS UNITS
Trucks
Construction
Equipment Volvo Penta Volvo Aero Financial Services
Buses
SEGMENT