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  • Claes Eliasson

    Head of Media Relations, Volvo Group


    +46 76-553 72 29
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    Volvo Financial Services and Eicher Motors Limited announce joint venture for financial services in India

    Volvo Financial Services (VFS) and Eicher Motors Limited today announced the intent to form a 50-50 joint venture to provide financing, leasing and other financial services for customers of Volvo and Eicher-branded commercial vehicles within the Indian market. Pending regulatory approval, the JV will be created by VFS India issuing new shares to Eicher in exchange for an equity investment of up to Rs 750 crores or approximately 730 MSEK. The exact investment will be determined at the time of closing per the transaction documents. The impact on earnings at the closing of the transaction will

    Volvo Group North America has made a settlement with CARB

    Volvo Group North America has reached a settlement with the California Air Resources Board (CARB). The settlement resolves allegations by CARB regarding the adequacy of the description of certain emission controls on model year 2010-2016 engines installed in Volvo Group trucks sold in California. The Volvo Group’s internal review found no evidence that anyone acted in bad faith, and the settlement is explicitly without admission of liability.Volvo Group has agreed to pay USD 12.5 million in civil penalties, USD 71.0 million to CARB’s Air Pollution Control Fund, spend USD 108 million on

    The Foundation Assar Gabrielsson Prize recipients 2026 awarded

    The Assar Gabrielsson Foundation has awarded Ketan Thombare as the winner in the basic science research category and Louise Carstam and Ella Äng Eklund as the winner in the clinical research category. The prize recipients are rewarded with SEK 100,000 each as extra research grants, administered by the Sahlgrenska Academy at the University of Gothenburg.“Ketan Thombare is awarded the prize in the category of basic science research for centers on understanding how RNA modifications regulate cancer biology, with a particular emphasis on high-risk neuroblastoma. These findings contribute to

    New number of votes in AB Volvo

    The number of votes in AB Volvo has changed due to the conversion of a total of 800,000 Series A shares to a total of 800,000 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.Today, 30 April 2026, the last trading day of the month, there are a total of 2,033,452,084 registered shares in AB Volvo. Of these are 440,743,462 Series A shares and 1,592,708,622 Series B shares. The number of

    Volvo Group – the first quarter 2026

    “In Q1 2026, the Volvo Group demonstrated continued resilience and operational strength, achieving solid profitability with an adjusted operating margin of 11.0% even as market volumes were lower compared to last year. Performance was good across all our business areas. Despite the ongoing geopolitical uncertainties, customer confidence in our products and services remained strong, reflected in good order intake and low cancellations throughout the quarter,” says Martin Lundstedt, President and CEO.· In Q1 2026, net sales decreased by 9% and amounted to SEK 110.8 billion (121.8). The

    Changes to the Volvo Group Executive Board and Mack Trucks management team

    After nearly 25 years of service with the Volvo Group, including three as President for Mack Trucks and head of Group Trucks North America, Stephen Roy has decided to retire. He will be succeeded by Wilson Lirmann, currently heading Volvo Trucks Latin America.Stephen Roy has held a number of senior leadership roles within the Volvo Group, across both the truck and construction equipment businesses. For the past three years, he has served as President Mack Trucks, during a period in which the company has laid a strong foundation for future growth in North America. “I am deeply grateful

    Invitation to press and analyst conference in Stockholm

    The Volvo Group report for the first quarter will be published on April 24, 2026 at 7:20 a.m. CEST.A press conference will be held at Tändstickspalatset, Västra Trädgårdsgatan 15 in Stockholm at 9.00 a.m. CEST. The Volvo Group will be represented by President and CEO Martin Lundstedt and CFO Mats Backman. Link to webcast: qreport.volvogroup.com. Press and analysts who want to participate in the press conference via conference call, may call the telephone exchange at +46 10 444 18 30 from 8:00 a.m. CEST. Please be aware that press and analysts who want to attend the press conference

    Annual General Meeting of AB Volvo

    AB Volvo held its Annual General Meeting on April 8, 2026. The Meeting was held at World of Volvo, Lyckholms Torg 1, in Göteborg, Sweden, with the option for shareholders to exercise their voting rights by advance voting (postal voting). Presentations by the Chairman of the Board and the President and CEO describing the work of the Board and the Volvo Group’s operations are available on AB Volvo’s website www.volvogroup.com.The Annual General Meeting adopted the income statement and balance sheet as well as the consolidated income statement and the consolidated balance sheet. In accordance

    New number of votes in AB Volvo

    The number of votes in AB Volvo has changed due to the conversion of a total of 745,007 Series A shares to a total of 745,007 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.Today, 31 March 2026, the last trading day of the month, there are a total of 2,033,452,084 registered shares in AB Volvo. Of these are 441,543,462 Series A shares and 1,591,908,622 Series B shares. The number of

    Toyota Motor Corporation aims to join Volvo Group and Daimler Truck as equal shareholder in the fuel cell joint venture cellcentric

    · Volvo Group, Daimler Truck, cellcentric and Toyota Motor Corporation signed a non-binding Memorandum of Understanding to collaborate on fuel cell technology. · Toyota Motor Corporation aims to invest in cellcentric and to join existing shareholders Volvo Group and Daimler Truck as an equal partner. · Upon closing of the process, Toyota will bring its complementary know-how and expertise to the joint venture. · All three shareholders intend to further strengthen cellcentric as a leading manufacturer of fuel cell systems for heavy-duty commercial applications. Volvo Group (Volvo),

    Volvo Construction Equipment announces closure of Rokbak business

    As part of a long term strategic shift and due to the unsustainable profitability of the Rokbak business Volvo Construction Equipment (Volvo CE) will close its Rokbak business and concentrate resources on its portfolio of other hauling solutions. The business had revenues of SEK 1.0 bn in 2025 and was loss-making. The closure of the business will negatively impact operating income by about SEK 0.7 billion in the Construction Equipment segment in Q1 2026 and will be reported as an adjustment. About SEK 0.4 billion refers to non-cash items with the majority related to goodwill impairment.For

    Annual General Meeting of AB Volvo

    AB Volvo (publ) (“Volvo”) gives notice to attend the Annual General Meeting at World of Volvo, Lyckholms Torg 1, Göteborg, Wednesday, April 8, 2026, at 3.00 p.m.Volvo warmly welcomes its shareholders to the Annual General Meeting. The entrance of World of Volvo opens for registration at 1.00 p.m., and the Annual General Meeting begins at 3.00 p.m. In connection with the Meeting, attendees are warmly invited to visit the exhibition at World of Volvo – a journey through Volvo’s heritage, iconic products, and pioneering innovations that continue to shape the future. The exhibition will be open

    New number of votes in AB Volvo

    The number of votes in AB Volvo has changed due to the conversion of a total of 2,000,619 Series A shares to a total of 2,000,619 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.Today, 27 February 2026, the last trading day of the month, there are a total of 2,033,452,084 registered shares in AB Volvo. Of these are 442,288,469 Series A shares and 1,591,163,615 Series B shares. The

    Volvo Group publishes Annual Report 2025

    Volvo Group today published the Annual Report for 2025 on www.volvogroup.com.In 2025, the Volvo Groupʼs product renewal continued across all of our business areas with more efficient products and solutions that drive value for our customers. At the same time, the cyclical downturn that began in many markets in 2024 continued, with lower volumes of new vehicles and machines as a result. The geopolitical tensions of recent years also continued to have a negative effect on the global economy. “In this period of weaker demand in our key regions and with increased uncertainty about the future,

    Volvo Group, Renault Group and CMA-CGM in agreement on strategic change for Flexis

    Volvo Group, Renault Group and CMA-CGM have made an agreement to make a strategic change to the business model of Flexis. This strategic move reaffirms the parties' commitment to innovation and collaboration and reflects their strong and positive relationship. Renault will buy Volvo’s 45 % ownership and CMA-CGM’s 10% in Flexis S.A.S. Volvo Group, through Renault Trucks, will remain a partner and investor in the project and will distribute Flexis developed products from 2027.  This change will align with the current successful business model between Renault Group and Renault Trucks for Renault

    Proposal for Board of Directors of AB Volvo

    Press information from AB Volvo’s Election Committe. The Election Committee of AB Volvo proposes the re-election of the Chairman of the Board Pär Boman, as well as of the Board members Bo Annvik, Jan Carlson, Eric Elzvik, Martha Finn Brooks, Kurt Jofs, Martin Lundstedt, Kathryn V. Marinello, Martina Merz and Helena Stjernholm at the Annual General Meeting on April 8, 2026. Matti Alahuhta will not stand for re-election.The Election Committee of AB Volvo comprises representatives of four of the company’s major shareholders, who together represent approximately 16 percent of the shares and

    Volvo Construction Equipment’s acquisition of Swecon is completed

    Volvo Construction Equipment (Volvo CE) has completed the previously announced acquisition of Swecon. Following the approval received from the European Commission to acquire Swecon the parties have now joined forces. Volvo CE has acquired Swecon’s business operations in Sweden, Germany and the Baltics including Entrack. The transaction is valued at an enterprise value of 7 billion SEK.The acquisition includes Swecon’s business scope in above markets, i.e. sales of products and services, rental operations, aftermarket services and support to customers as well as offices, workshop facilities

    Volvo Group – the fourth quarter and full year 2025

    “For the full year 2025, the Volvo Group’s net sales amounted to SEK 479.2 billion (526.8) and the adjusted operating income to SEK 51.2 billion (65.7), with an adjusted operating margin of 10.7% (12.5). Return on capital employed in the Industrial Operations was 25.5% (35.8). We generated an operating cash flow of SEK 21.9 billion (45.3) with a strong Q4 and ended the year with a net cash position of SEK 63.0 billion (85.9) in the Industrial Operations, pension and lease liabilities excluded. The Board of Directors proposes an ordinary dividend of SEK 8.50 per share and an extra dividend of

    Volvo leads the market for heavy trucks in Europe

    For the second year in a row, Volvo Trucks is the market leader in Europe for heavy-duty trucks. In 2025, the company had an overall market share in Europe of 19.0%.Volvo Trucks was the market leader in Europe for heavy trucks (16 tonnes and above) in 2025 with a market share of 19.0% – up from 17.9% 2024. The markets with the most registered Volvo trucks during the year were UK, France, Poland, Germany and Lithuania. Volvo’s long-distance FH Aero truck has won the hearts of many European haulers. Thanks to improved aerodynamics and new technologies such as Volvo’s digital camera mirrors,

    Volvo Group Capital Markets Day 2026

    The Volvo Group invites institutional investors and financial analysts to the Volvo Group Capital Markets Day 2026, which is to be held in Eskilstuna, Sweden on June 10.The Capital Markets Day will begin at 9:00 a.m. CEST at Volvo Construction Equipment’s Customer Center in Eskilstuna, Sweden and is scheduled to end at 4.00 pm. The program will include presentations by the Volvo Group’s President and CEO, Martin Lundstedt, and Executive Management as well as the possibility to test drive products. The presentations will be streamed live on volvogroup.com and a recorded version will be made

    Invitation to press and analyst conference in Stockholm

    The Volvo Group report for the fourth quarter and full year 2025 will be published on January 28, 2026 at 7.20 a.m. CET.A press conference will be held at Tändstickspalatset, Västra Trädgårdsgatan 15 in Stockholm at 9.00 a.m. CET. The Volvo Group will be represented by President and CEO Martin Lundstedt and CFO Mats Backman. Link to webcast: https://qreport.volvogroup.com/ Press and analysts who wants to participate in the press conference via conference call, may call the telephone exchange at +46 10 444 18 30 from 8.00 a.m. CET. Please be aware that press and analysts who wants

    New number of votes in AB Volvo

    The number of votes in AB Volvo has changed due to the conversion of a total of 209,660 Series A shares to a total of 209,660 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.Today, 28 November 2025, the last trading day of the month, there are a total of 2,033,452,084 registered shares in AB Volvo. Of these are 444,289,088 Series A shares and 1,589,162,996 Series B shares. The number of

    Volvo Construction Equipment selects Eskilstuna, Sweden for its new Crawler Excavator assembly plant

    Volvo Construction Equipment (Volvo CE) expands its European industrial footprint with a new crawler excavator assembly factory in Eskilstuna, Sweden, to be serving the European markets.As announced in June this year, the investment in Sweden is part of Volvo CE’s ambitions to strengthen its position in the important excavator segment. The 30,000 square meter Eskilstuna facility aims to meet the growing European customer demand by increasing capacity and flexibility, and will enable reduced reliance on long-distance logistics, shorter delivery times, enhancing supply chain resilience and

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