Volvo Group

Gothenburg maker of trucks, buses and engines; Sweden's largest company

Overview

Volvo Group is the largest company in Sweden by revenue and the only Swedish company in the 2026 Fortune Global 500.[1] Fortune records fiscal 2025 revenue of US$48.8bn, 2.00% lower than a year earlier in dollar terms, and profit of US$3.5bn.[2] The Gothenburg-based group, founded in 1927, builds trucks, buses, construction equipment and marine and industrial engines under brands including Volvo Trucks, Renault Trucks and Mack Trucks.[2] It is a separate company from the Volvo Cars passenger-car maker.

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