Volvo Business Units
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The Volvo Group consists of eight main business areas, which are supported within the group by a number of business units.
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Volvo 3P
Volvo 3P is a business unit within the Volvo Group responsible for product planning, product development, purchasing and product range management for the three truck companies, Mack, Renault Trucks and Volvo Trucks.
Volvo Powertrain
Volvo Powertrain are the world's largest manufactures of heavy-duty diesel engines (>8 liter volume).
Volvo Powertrain coordinates Volvo's driveline activities and supplies the entire Volvo Group with driveline components, such as diesel engines and transmission, which are either developed and manufactured by Powertrain or purchased. Volvo Powertrain has operations in Sweden, France, and North and South America with total of approximately 8,000 employees.
Volvo Parts
Volvo Parts provide services and tools to support the Volvo aftermarket. The services start at the suppliers, through the dealers all the way to the end customers. In short it includes parts planning, purchasing, transport, warehousing, stock balance, order management and after market tools and services.
Volvo Parts support six business areas within the Volvo Group; Volvo Trucks, Renault Trucks, Mack Trucks, Volvo Penta, Volvo Buses and Volvo Construction Equipment.
Volvo Technology
Volvo Technology (VTEC) is an innovation company that develops new technologies and concepts for "hard" as well as "soft" products and processes within the transport and vehicle industry. The primary customers are the Volvo Group companies and Volvo Car but also some selected suppliers. In addition they run some strategic programs and expert functions related to innovation.
Volvo Technology participate in national and international research programs involving universities, research institutes and other companies. VTEC has more than 350 professionals and is located at Lundbystrand and Chalmers Science Park in Göteborg, and at Volvo's establishments in Lyon, France and Greensboro, USA.
Volvo Information Technology
Volvo Information Technology, Volvo IT provides solutions for all areas of the industrial process, and offers unique skills and expertise in Product Lifecycle Management, SAP solutions, and IT operations. Clients include the Volvo Group, Ford-owned Volvo Cars, and other large industrial companies.
Volvo Information Technology AB is a wholly-owned subsidiary of AB Volvo.
Volvo Logistics
Volvo Logistics designs, handles and develops business logistics systems for the automotive and aviation industry worldwide. They are represented in Europe, North and South America and Asia, close to customers' largest plants or logistic hubs. Striving to be the very best partner in every individual case for all transport requirements they select from their global network of first-class carrier specialists that are serving customers both within and outside the Volvo Group. Volvo Logistics have around 700 employees and our current turnover is approximately SEK 7 billion.
As a wholly-owned subsidiary within the Volvo Group, all activities within Volvo Logistics are characterised by Volvo's well-known core values of quality, safety and environmental concern.
Volvo Technology Transfer
Volvo Technology Transfer AB develops and supports new businesses with relevance for the Volvo Group.
Volvo Business Services
Volvo Business Services AB (VBS) is a wholly-owned subsidiary of AB Volvo with operations in Sweden (Gothenburg, Eskilstuna), Poland (Wroclaw), France (Lyon) and USA (Greensboro, NC).
VBS provide rational, cost-efficient and high quality services in the financial administration area for the Volvo Group companies. They co-operate actively with our customers and continuously develop our services and processes thus adapting to changes in the customer's requirements. The operations includes Accounts Receivable, Accounts Payable, Cash & Bank, Fixed Assets and Financial Reporting. Also included in our operation is purchasing goods and services, Volvo Group NAP.
Celero Support
Celero Support AB is a wholly-owned service company within the Volvo Group. Celero Support offer individually tailored services so that the customers are free to concentrate on their core operations. Through a broad-based presence and proactive approach, we create efficient solutions that support the customer?s business operations.
The aim is to be the customer's closest and most natural business partner. In constant dialogue with our customers, we develop and supply business solutions and services characterised by the corevalues of Quality, Safety and Environment.
List of Volvo Business Areas
- Volvo Trucks
- Mack Trucks
- Renault Trucks
- Volvo Buses
- Volvo Construction Equipment
- Volvo Penta
- Volvo Aero
- Volvo Financial Services