Volvo 2009 Annual Report Download - page 41

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63%
8%
16%
4%
4%
5%
Trucks
Buses
Construction Equipment
Volvo Penta
Volvo Aero
Financial Services
45%
18%
8%
21%
8%
Europe
North America
South America
Asia
Rest of world
SEGMENTS 2009
Backed by strong product programs and increasingly more complete offerings including
total solutions with spare parts, workshops, service packages, nancing and leasing, the
Volvo Group’s business companies have established leading positions on a global market.
Group segments
– world leaders in commercial
transport solutions
he Volvo Group has an estab-
lished and strong position in
Europe, North America, South
America, and through the acqui-
sitions of UD Trucks, Lingong,
Ingersoll Rand’s division and the
cooperation within trucks and buses with
India-based Eicher Motors now also in many
markets in Asia.
During 2009, the truck operations
accounted for 63% of the Group’s net sales.
Construction Equipment accounted for 16%
and Buses for 8%.
In 2009, the largest market was Europe,
which accounted for 45% of the Volvo Group’s
net sales. Asia accounted for 21%, North
America for 18%, South America for 8% and
Other markets for 8%.
T
Production
facilities
Volvo Trucks
Renault Trucks
UD Trucks
Mack Trucks
Construction Equipment
Buses
Volvo Penta
Volvo Aero
Volvo Powertrain
Eicher (50% direct and
indirect ownership)
Share of Group’s net sales Share of Group’s net sales
by geography
37