Volvo Group (Aktiebolaget Volvo)

Volvo Group, legally known as Aktiebolaget Volvo, is a Swedish multinational manufacturing corporation headquartered in Gothenburg that leads the global market in sustainable transport and infrastructure solutions. Founded in 1927, the company specializes in the production, distribution, and sale of trucks, buses, construction equipment, and marine and industrial drive systems. Operating with a workforce of approximately 100,000 employees, the Group manages a diverse portfolio of prestigious brands, including Volvo Trucks, Mack Trucks, and Renault Trucks, across more than 190 markets. While it originated as a car manufacturer, the passenger vehicle division was sold in 1999, allowing the modern Volvo Group to focus on driving prosperity through heavy-duty commercial vehicles and innovative financial services.