Volvo 2014 Annual Report Download - page 48

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M
ajor
p
roduction facilitie
s
North Americ
a
South America
E
ic
h
er
*
M
ac
k
Macungie
(
US
)
Las Te
j
erias
(
VE
)
R
e
nault Tru
c
k
s
U
D Truck
s
V
o
lv
o
New River Valle
y
(US
)
Curitiba (BR)
E
ngines an
d
transmission
s
Ha
g
erstown (US
)
Curitiba
(
BR
)
Construction Equipmen
t
Shippensburg
(
US
)
Pederneiras
(
BR
)
Bu
ses
St Claire
,
St Eustache
,
St Francois du lac
(
CA
)
Mexico City (MX), Plattsburgh (US
)
Curitiba
(
BR
)
V
o
lv
o
P
e
nta Lexin
g
ton
(
US
)
*
Ownership ≥ 50
%
Group Trucks Operations
A GLOBAL GROUP 2014
BUSINESS MODEL
INDUSTRIAL STRUCTURE
The Volvo Group has an established and strong
position in Europe, North America, and South
America. Through the acquisitions of UD Trucks
and Lingong (SDLG) and the cooperation within
trucks and buses with India-based Eicher
Motors the position has been strengthened in many markets in
Asia. The acquisition of 45% of the Chinese manufacturer of
commercial vehicles Dongfeng Commercial Vehicles, which was
completed in January 2015, will contribute further to this devel-
opment. Through its acquisitions the Volvo Group has also
established a global industrial structure with manufacturing as
well as sales and distribution channels on all continents.
Global industrial structure
Share of employees
Employees
worldwide 2014
6,353
7%
15,217
16%
44