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Volvo Group's Overview

Total employees75864
HeadquartersGothenburg
Founded

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment, and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 104,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. Headquartered in Gothenburg, Sweden, Volvo's operations are based on the core values of quality, safety, and environmental care. The company is committed to shaping the future landscape of sustainable transport and infrastructure solutions.

Where is Volvo Group's Headquarters?

Volvo Group officeVolvo Group officeVolvo Group officeVolvo Group office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for global strategy, corporate management, research and development coordination, financial control, and group-wide functions.

Notable Features:

The Volvo Group global headquarters, Campus Lundby, is a modern facility designed to foster collaboration and innovation. It features open workspaces, project areas, employee amenities, and sustainable design elements. The Volvo Museum, showcasing the group's rich history, is also located nearby.

Work Culture:

Emphasizes teamwork, sustainability, safety, and quality. The culture encourages innovation and continuous improvement, with a strong focus on employee well-being and development, reflecting Swedish work-life balance values. Diversity and inclusion are also key cultural pillars.

HQ Significance:

Strategic location in a major Swedish industrial and port city, facilitating global operations and talent acquisition. It symbolizes the group's long history, commitment to Swedish engineering excellence, and its central role in the global transport industry.

Values Reflected in HQ: The headquarters design and operations aim to reflect Volvo Group's core values of quality, safety, and environmental care, incorporating sustainable building practices, energy-efficient solutions, and employee-centric spaces that promote well-being and innovation.

Location:

Volvo Group operates globally with production facilities in 18 countries and provides sales and services in over 190 markets. Key functions supported globally include advanced manufacturing of trucks (Volvo Trucks, Renault Trucks, Mack Trucks, etc.), buses (Volvo Buses), construction equipment (Volvo CE), marine and industrial power solutions (Volvo Penta), and financial services (Volvo Financial Services). The Group also has a strong focus on research and development in areas like electromobility, autonomous solutions, and connectivity, driven by global R&D centers and strategic partnerships to serve diverse customer needs worldwide.

Street Address:

Gropegårdsgatan 2

City:

Gothenburg

State/Province:

Västra Götaland

Country:

Sweden

Volvo Group's Global Presence

Greensboro, North Carolina, USA

Address: 7900 National Service Road, Greensboro, NC 27409, USA

Serves as the central point for Volvo Group's commercial vehicle business in the United States and Canada, driving market presence, customer support, and brand development in this key region.

Saint-Priest, Auvergne-Rhône-Alpes, France

Address: 99 Route de Lyon, 69800 Saint-Priest, France

Drives innovation, production, and market strategy for the Renault Trucks brand, catering to European market specificities and global export demands. Significant R&D site for medium and heavy-duty trucks.

Eskilstuna, Södermanland, Sweden

Address: Bolindervägen 100, 633 44 Eskilstuna, Sweden

Center of excellence for development and manufacturing of specific Volvo CE products, driving innovation in construction machinery, including electromobility and autonomous solutions for the global market.

Bangalore, Karnataka, India

Address: Bagmane Tech Park, C V Raman Nagar, Bengaluru, Karnataka 560093, India (Representative address, specific locations vary)

Supports manufacturing for the Indian market and exports, drives technology development, and serves as a strategic base for Volvo Group's operations and growth in India and surrounding regions.

Buying Intent Signals for Volvo Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Volvo Group

As of April 2025, Volvo Group' leadership includes:

Martin Lundstedt - President and CEO
Mats Backman - Executive Vice President and CFO (effective August 2024)
Roger Alm - Executive Vice President Volvo Group and President Volvo Trucks
Anna Westerberg - Executive Vice President Volvo Group and President Volvo Penta (effective June 1, 2024)
Melker Jernberg - Executive Vice President Volvo Group and President Volvo Construction Equipment
Lars Stenqvist - Executive Vice President Volvo Group and Chief Technology Officer (CTO), Head of Group Trucks Technology (retiring Q3 2024)
Bruno Blin - Executive Vice President Volvo Group and President Renault Trucks & Mack Trucks
Anna Müller - Executive Vice President Volvo Group and Chief Human Resources Officer (CHRO)
Jens Holtinger - Executive Vice President Volvo Group and President Volvo Financial Services

Investors of Volvo Group

Volvo Group has been backed by several prominent investors over the years, including:

Industrivärden AB
Geely Sweden Holdings AB (Zhejiang Geely Holding Group)
AMF Pension & Fonder
Swedbank Robur Fonder
Alecta Tjänstepension
Folksam Group

Executive New Hires/Exits in the Last 12 Months

Hire3
Exits3

Volvo Group has seen several key leadership changes in the past 12 months, including new appointments for CFO, President of Volvo Penta, President of VFS, and CHRO, alongside planned retirements and departures, reflecting strategic shifts and succession planning.

Departures

Lars Stenqvist, Lars Stenqvist announced his intention to retire from his position.
Scott Rafkin, Scott Rafkin stepped down as President of Volvo Financial Services.
Diana Niu, Diana Niu left her position as CHRO.

New Appointments:

Mats Backman, Mats Backman appointed as new CFO, succeeding Jan Ytterberg (acting CFO).
Anna Westerberg, Anna Westerberg, formerly President of Volvo Buses, appointed President of Volvo Penta.
Jens Holtinger, Jens Holtinger appointed new President of Volvo Financial Services.
Anna Müller, Anna Müller appointed new CHRO.

Technology (Tech Stack) used by Volvo Group

Discover the tools Volvo Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Volvo Group Email Formats and Examples

Volvo Group typically uses the email format firstname.lastname@volvogroup.com. Variations such as firstname.lastname@volvo.com may also be used, particularly for historical reasons or specific business areas. For general inquiries, specific contact forms on their website are recommended.

firstname.lastname@volvogroup.com

Format

john.doe@volvogroup.com

Example

75%

Success rate

News and media

volvogroup.comMay 23, 2024

Volvo Trucks delivers its first heavy-duty electric concrete mixer in Germany

Volvo Trucks has delivered its first heavy-duty electric concrete mixer truck to CEMEX in Germany. The Volvo FMX Electric mixer will operate in Berlin, contributing to sustainable construction by enabling emission-free and quieter concrete deliveries....more

volvogroup.comMay 16, 2024

Volvo Group and Westport Fuel Systems to Establish Joint Venture for High-Pressure Gas Injection Technology

Volvo Group and Westport Fuel Systems signed a letter of intent to form a joint venture to advance Westport’s HPDI™ fuel system technology for long-haul and off-road applications. This partnership aims to reduce CO2 emissions from combustion engines by utilizing renewable fuels like biogas....more

volvogroup.comApril 17, 2024

Volvo Group: Q1 2024 – Continued good profitability

Volvo Group reported strong Q1 2024 financial results, with net sales of SEK 131.2 billion and an adjusted operating income of SEK 18.2 billion (13.8% margin). The company noted solid demand across most markets and continued progress in its transformation towards sustainable transport solutions....more

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