DOCSLIB.ORG

Volvo Group Volvo the Annual Report 2014 Compared with a Conventional Diesel Bus

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Volvo Group Volvo the Annual Report 2014 Compared with a Conventional Diesel Bus THE VOLVO GROUP ANNUAL REPORT 2014 ANNUAL REPORT The Volvo Group 2014 The Volvo 2014 EFFICIENCY THE VOLVO 7900 ELECTRIC HYBRID REDUCES FUEL CONSUMPTION AND CARBON DIOXIDE EMISSIONS BY UP TO 75% COMPARED WITH A CONVENTIONAL DIESEL BUS. TOTAL ENERGY CONSUMPTION IS REDUCED BY 60%. www.volvogroup.com CONTENT A GLOBAL GROUP OPERATING CONTEXT The world evolves at a CEO comment 2 1 rapid pace, making it more Improved underlying profi tability 4 important than ever for the Volvo Group to have an informed under- OPERATING CONTEXT 6 standing of our global operating envi- Long-term challenges 7 ronment. As part of our business and Economic growth drives the demand for transport solutions 12 sustain ability strategies, we continually Material issues 13 analyze megatrends and regional varia- tions to assess their impact on our Group and to seek new STRATEGY 14 business opportunities. Vision, Core values, Code of conduct and Wanted position 16 PAGE 6 Strategic framework 18 Strategy for the period of 2013-2015 20 STRATEGY Increased scope of the strategic program 24 Financial targets 25 The Volvo Group’s strategy 2 contributes to realizing the BUSINESS MODEL 26 Group’s vision and wanted Creating value in every stage of the value chain 28 position by developing and driving strat- Brands 30 egies for profi table growth, effi ciency Effi cient products and services 32 and transformation towards sustainable Renault Trucks T-range 34 transport solutions. Product development 36 PAGE 14 Volvo 7900 Electric Hybrid 42 Industrial structure 44 BUSINESS MODEL Higher effi ciency in truck manufacturing 46 The Volvo Group’s business Effi cient production and responsible sourcing 48 3 model is focused on World-class services and distribution 50 utilizing its strong brands, Strong momentum for both truck brands in North America 54 technological expertise, effi cient prod- A high-performing organization 56 ucts and world-class services and distribution to create value for its GROUP PERFORMANCE 62 customers. Global strength 64 PAGE 26 BOARD OF DIRECTORS’ REPORT GROUP PERFORMANCE Signifi cant events 66 Since the streamlining Trucks 70 4 towards commercial vehicles Construction Equipment 74 was initiated more than ten Buses 77 years ago, the Volvo Group has grown into Volvo Penta 79 the world’s second largest manufacturer Volvo Financial Services 81 of heavy-duty trucks and one of the larg- Risks and uncertainties 83 est manufacturers of buses and construc- Financial management 86 tion equipment and is today also a leading The share 87 manufacturer of heavy-duty diesel engines and marine and industrial engines. Year 2014 was characterized by mixed market conditions CORPORATE GOVERNANCE 90 and internal measures to increase effi ciency and profi tability. Corporate Governance Report 92 Board of Directors and Secretary 100 PAGE 62 Group Management 104 CORPORATE FINANCIAL INFORMATION 108 GOVERNANCE Financial performance 110 5 The Volvo Group appreci- Volvo Group and Other comprehensive income 110 ates the value of sound Financial position 114 corporate governance as a fundamental Consolidated balance sheet 114 base in achieving a trusting relation with Consolidated cash-fl ow statements 117 shareholders and other key parties. The Changes in consolidated Shareholders’ equity 118 Swedish Corporate Governance Code, Notes to consolidated fi nancial statements 119 which is applied by the Volvo Group, Parent Company AB Volvo 166 aims at empowering the shareholders and creating a sound Proposed remuneration policy 176 balance of power between shareholders, the board of directors Proposed disposition of unappropriated earnings 177 and the senior management. Sound corporate governance, Audit Report for AB Volvo 178 characterized by high standards when it comes to transparency, Eleven-year summary 179 reliability and ethical values, has always been a well-established guiding principle within the Volvo Group’s operations. Fold-out Defi nitions PAGE 90 Annual General Meeting FINANCIAL INFORMATION The Volvo Group’s formal fi nancial reports are presented on pages PAGE 108 66–89 and 108–177 in the printed version and has been audited by 6 the company’s auditors. VOLVO GROUP COMPLETE PARTNER The Volvo Group is one of the world’s leading Volvo Group net sales manufacturers of trucks, buses, construction 2000–2014, SEK bn 282.9 equipment and marine and industrial engines. The Group also provides complete solutions for fi nancing and service. The Volvo Group, which +117% employs about 100,000 people, has production facilities in 19 countries and sells its products in 130.1 more than 190 markets. In 2014 the Volvo Group’ss sales amounted to about SEK 283 billion. AB Volvo’s shares are listed on Nasdaq Stockholm.m. 2000 2014 Share of net sales Trucks, 67% Construction Equipment, 19% Buses, 6% Volvo Penta, 3% Customer Finance, 3% Other, 2% GLOBAL STRENGTH Since the streamlining towards commercial vehicles was initiated more Share of net sales by market 2014 than ten years ago, the Volvo Group has signifi cantly strengthened its positions outside the traditionally big markets of Western Europe and North America. Positions have been moved forward by acquisitions and Europe North America expansion of the distribution and service networks in for instance Eastern 38% Europe and South America. In the year 2000, markets outside of Western 27% Asia Europe and North America accounted for 16% of Group sales. In 2014 18% that share had grown to 42%. South America Rest of the world 10% 7% STRONG BRANDS By developing and delivering products and services under different brands, the Group can address many different customer and market segments in mature as well as growth markets. This report contains ‘forward-looking statements’. Such statements refl ect manage- changes in economic, market and competitive conditions, (ii) success of business and ment’s current expectations with respect to certain future events and potential fi nan- operating initiatives, (iii) changes in the regulatory environment and other government cial performance. Although the Company believes that the expectations refl ected in actions, (iv) fl uctuations in exchange rates and (v) business risk management. such forward looking statements are reasonable, no assurance can be given that such This report does not imply that the company has undertaken to revise these for- expectations will prove correct. Such statements are subject to risk and uncertainties ward-looking statements, beyond what is required under the company’s registration and such future events and fi nancial performance could differ materially from those contract with Nasdaq Stockholm if and when circumstances arise that will lead to set out in the forward looking statements as a result of, among other factors, (i) changes compared to the date when these statements were provided. STRONG POSITIONS • The world’s second largest manufacturer of heavy-duty trucks. • One of the world’s largest manufacturers of buses and construction equipment. • A leading independent supplier of marine and industrial engines. • One of the world’s largestest manufacturersmananufauf ctuurere s ofof heavy-dutyheavea y-dutyu dieseldieseel engines.enging nesnes. • Global market presence.e.e GROUP MARKET SHARES – Heavy-duty trucks 2014 Europe North America Brazil Japan 24.4% 20.1% 21.3% 18.8% India* Australia South Africa 4.3% 24.6% 26.8% Environmental performance of Volvo production plants, Industrial operations Absolute values related to net sales 2014 2013 20121 2011 Energy consumption (GWh; MWh/SEK M) 2,176; 7.9 2,536; 9.6 2,518; 8.6 2,471; 8.1 CO2 emissions (1,000 tons; tons/SEK M) 231; 0.8 280; 1.1 235; 0.8 255; 0.8 Water consumption (1,000 m3; m3/SEK M) 4,982; 18.1 5,815; 21.9 7,372; 25.2 7,970; 26.2 NOx emissions (tons; kilos/SEK M) 332; 1.2 347; 1.3 413; 1.4 474; 1.6 Solvent emissions (tons; kilos/SEK M) 2,387; 8.6 2,221; 8.4 2,358; 8.1 2,554; 8.4 Sulphur dioxide emissions (tons; kilos/SEK M) 18.3; 0.1 23.4; 0.1 26; 0.1 34; 0.1 Hazardous waste (tons; kg/SEK M) 24,944; 90.4 28,395; 107.0 32,547; 111.4 25,943; 85.5 Net sales, SEK bn 276.0 265.4 292.2 303.6 * In India Eicher, which is part of the Group’s joint venture VE Commercial1 Restated Vehicles, according has a particularlyto new accounting strong position rules. within 2medium-duty Excluding trucksUD Trucks with a andmarket Ingersoll share of Rand 30.7%. Road Development. THE VOLVO GROUP 2014 Net sales increased by 4% to SEK 282.9 billion (272.6). Operating income excluding restructuring charges amounted to SEK 8.4 billion (7.9). Operating margin excluding restructuring charges amounted to 3.0% (2.9). Improved underlying profi tability with good traction in the activities to improve effi ciency and reduce the cost base. Increased cost-savings scope in addition to the Strategic Program. Strengthened fi nancial position – at year end net debt in the Industrial Operations amounted to 14% of shareholders’ equity. Proposed dividend of SEK 3.00 per share (3.00). Net sales, SEK bn Operating income excl. Operating cash fl ow, restructuring charges, SEK bn Industrial operations, SEK bn (4.9) 10 11 12 13 14 10 11 12 13 14 10 11 12 13 14 265 310 300 273 283 18.0 26.9 19.6 7.9 8.4 19.0 14.1 1.5 6.4 Key ratios 2014 2013 Key ratios 2014 2013 Net sales, SEK M 282,948 272,622 Return on shareholders’ equity, % 2.8 5.0 Operating income excl. Number of permanent employees 92,822 95,533 restructuring charges, SEK M 8,393 7,854 Share of women, % 18 17 Operating margin excl. restructuring charges, % 3.0 2.9 Share of women, Presidents and other senior executives, % 21 19 Restructuring charges, SEK M (2,569) (715) Employee Engagement Index, % 72 76 Operating income, SEK M 5,824 7,138 Energy consumption, MWh/SEK M 7.9 9.6 Operating margin, % 2.1 2.6 CO emissions, tons/SEK M 0.8 1.1 Income after fi nancial items, SEK M 5,089 4,721 2 Water consumption, m3/SEK M 18.1 21.9 Income for the period, SEK M 2,235 3,802 Share of direct material purchasing spend Diluted earnings per share, SEK 1.03 1.76 from suppliers having made a CSR self- Dividend per share, SEK 3.001 3.00 assessment, % 80 72 Operating cash fl ow, 1 According to the Board’s proposal.
Load more

Recommended publications
  • Lothian Bus Group Fleet List Q1 2020 Flt Reg No Model Dep First Reg 1 LB13BUS Volvo 7900 Hybrid CE 07/03/2013 2 HY13BUS Volvo 79
    Lothian Bus Group Fleet List Q1 2020 Flt Reg No Model Dep First Reg 1 LB13BUS Volvo 7900 Hybrid CE 07/03/2013 2 HY13BUS Volvo 7900 Hybrid CE 07/03/2013 3 SN13BCY Volvo 7900 Hybrid CE 07/03/2013 4 SN13BCZ Volvo 7900 Hybrid CE 07/03/2013 5 SN13BDF Volvo 7900 Hybrid CE 07/03/2013 6 SN13BDO Volvo 7900 Hybrid CE 07/03/2013 7 SN13BDU Volvo 7900 Hybrid CE 07/03/2013 8 SN13BDV Volvo 7900 Hybrid CE 07/03/2013 9 SN13BDX Volvo 7900 Hybrid CE 07/03/2013 10 SN13BDY Volvo 7900 Hybrid CE 07/03/2013 36 BG64FXK Volvo 7900 Hybrid CE 28/11/2014 37 BG64FXM Volvo 7900 Hybrid CE 28/11/2014 38 BG64FXL Volvo 7900 Hybrid CE 02/12/2014 39 BT64LHU Volvo 7900 Hybrid CE 20/11/2014 40 BT64LHV Volvo 7900 Hybrid CE 20/11/2014 1051 SJ18NFA Volvo B5TL CE 19/04/2018 1052 SJ18NFC Volvo B5TL CE 19/04/2018 1053 SJ18NFD Volvo B5TL CE 19/04/2018 1054 SJ18NFE Volvo B5TL CE 19/04/2018 1055 SJ18NFF Volvo B5TL CE 04/05/2018 1056 SJ18NFG Volvo B5TL CE 04/05/2018 1057 SJ18NFH Volvo B5TL CE 04/05/2018 1058 SJ18NFK Volvo B5TL CE 04/05/2018 1059 SJ18NFL Volvo B5TL CE 04/05/2018 1060 SJ18NFM Volvo B5TL CE 04/05/2018 1061 SJ18NFN Volvo B5TL CE 04/05/2018 1062 SJ18NFO Volvo B5TL CE 04/05/2018 163 SN58BYP Volvo B7RLE CE 02/09/2008 1063 SG68LCA Volvo B8L CE 15/01/2019 1064 SJ19OVX Volvo B8L CE 01/03/2019 1065 SJ19OVY Volvo B8L CE 01/03/2019 1066 SJ19OVZ Volvo B8L CE 01/03/2019 1067 SJ19OWA Volvo B8L CE 01/04/2019 1068 SJ19OWB Volvo B8L CE 01/03/2019 1069 SJ19OWC Volvo B8L CE 01/03/2019 1070 SJ19OWD Volvo B8L CE 01/03/2019 1071 SJ19OWF Volvo B8L CE 01/03/2019 1072 SJ19OWGVolvo B8L CE 01/03/2019
    [Show full text]
  • Standard STD 5051,16 Volvo Group
    Standard STD 5051,16 Volvo Group Issue date May 2020 Issue 17 Page 1 (50) The English language version is the original and the reference in case of dispute. MARKING AND DESIGNATIONS Text marking on parts Marking of parts Orientation This issue differs from issue 16 in that: - it has been clarified that the standard covers both Volvo Group brands as well as joint venture brands. - the standard has been restructured (rearranged) for better readability. - section 3.3 has been revised to comply with European competition legislation. - sections 6.6 and 6.7, which describe free-text marking and supplementary marking, respectively, have been added. - the option to perform the VOLVO PENTA marking on a single line has been added in section 8.4. - the Nova Bus logo has been updated. - the reference to figures for date clock in table 3 have been changed from 4a and 5a to 3a and 4a, respectively. - the ARQUUS brand marking has been added in section 8. Standard STD 5051,16 Volvo Group Issue 17 Page 2 (50) Contents 1 Scope and field of application ......................................................................................................... 3 2 Terms and definitions ....................................................................................................................... 3 3 Location and visibility....................................................................................................................... 3 3.1 General ...............................................................................................................................................
    [Show full text]
  • Volvo Group Report on the Third Quarter 2020
    REPORT ON THE THIRD QUARTER 2020 Customers in Southern California have begun testing Volvo VNR Electric. In Q3 2020, net sales amounted to SEK 76.9 Currency movements had a negative impact on billion (98.7). Adjusted for currency movements, operating income of SEK 1,499 M. net sales decreased by 16%. Diluted earnings per share amounted to SEK Adjusted operating income1 amounted to SEK 2.81 (3.67). 7,217 M (10,885), corresponding to an adjusted Operating cash flow in the Industrial Operations operating margin of 9.4% (11.0). was positive in an amount of SEK 11,712 M Reported operating income amounted to SEK (1,831). 7,508 M (10,885). Third quarter First nine months SEK M unless otherwise stated 2020 2019 2020 2019 Net sales 76,852 98,723 241,528 326,625 Adjusted operating income ¹ 7,217 10,885 17,629 38,687 Adjusted operating margin, % 9.4 11.0 7.3 11.8 Operating income 7,508 10,885 15,270 40,153 Operating margin, % 9.8 11.0 6.3 12.3 Income after financial items 7,640 10,129 14,040 37,975 Income for the period 5,903 7,549 10,714 29,664 Diluted earnings per share, SEK 2.81 3.67 4.97 14.36 Operating cash flow in Industrial Operations 11,712 1,831 1,877 18,453 Net financial position in Industrial Operations, SEK bn ² 62.3 62.6 Return on capital employed in Industrial Operations, % 13.2 25.8 Return on equity, % 12.2 24.6 Net order intake, number of trucks 57,530 35,726 122,436 129,431 Deliveries, number of trucks 37,709 52,357 110,507 176,188 Net order intake, number of construction equipment 20,848 14,885 68,168 61,216 Deliveries, number of construction equipment 19,774 16,460 69,028 66,487 1 For information on adjusted operating income, please see note 7.
    [Show full text]
  • Press Release
    PRESS RELEASE Ref: 2016/03 SMT Group takes Moroccan Volvo CE distribution Volvo Construction Equipment (Volvo CE) has announced that it is divesting its business within Volvo Maroc SA to a longstanding distribution partner SMT Group. Subject to regulatory approval, the agreement between SMT Group and Volvo CE will come into effect in the second quarter of 2016 and cover the sale, importation and distribution of Volvo and SDLG branded construction equipment products and services in Morocco. Volvo CE business and employees will transfer to SMT, along with all warranties and service agreements, maintaining the Volvo brand’s strong customer relationships and high quality of service in Morocco. SBMH who is distributing the SDLG brand products in Morocco, will continue to act under the new direction of SMT. “Our colleagues at Volvo Maroc have built up the Volvo CE business in Morocco almost from scratch over the last 10 years and benefited from a close association with the strong Volvo Truck brand image in the country,” says Tomas Kuta, president of Volvo CE’s Europe, Middle East and Africa sales region. “We now feel that further growth would be best achieved by a strong independent dealer, one that can offer the right investments and give the opportunity to develop new business and achieve economies of scale as part of a large group in North West Africa. “With many years of experience doing business in North and West Africa, and with a clear vision for growth in the region, SMT is an ideal partner to take over and grow the Volvo CE business in Morocco,” Kuta concludes.
    [Show full text]
  • Volvo Buses Receives Order for 90 Electric Buses from Belgium
    Press information Volvo Buses receives order for 90 electric buses from Belgium Volvo Buses has secured its largest ever order for complete solutions for electric bus traffic. The Belgian cities of Charleroi and Namur have together ordered 90 Volvo 7900 Electric Hybrid buses as well as 12 charging stations. The buyer is public transport company TEC Group. The charging stations will be delivered by ABB. The order from TEC Group covers 55 buses for Charleroi and another 35 buses for Namur. ABB will supply 4 charging stations to Charleroi and 8 charging stations for Namur. Delivery and installation will get under way this autumn. After the delivery, the TEC Group will have ordered in total 101 Volvo electric hybrids and 15 ABB charging stations. “This is extremely gratifying! The order is a new milestone in our electromobility drive and confirms the competitiveness of our offer. We can see that more and more of the world’s cities are choosing electrified city bus traffic in order to deal with poor air quality and noise. The common interface for fast charging of buses and trucks, OppCharge, is gaining ground. The use by many suppliers of a common interface will facilitate the transition to electromobility in the world’s cities,” said Volvo Buses President Håkan Agnevall. The customer and operator, TEC Group, previously ordered 11 Volvo 7900 Electric Hybrids along with charging stations for Namur, a system that became operational in January this year. Once the 35 new buses take to the roads, 90 per cent of Namur’s public transport will be electrified.
    [Show full text]
  • Standard STD 121-0007 Volvo Group
    Standard STD 121-0007 Volvo Group Issue date December 2016 Issue 11 Page 1 (9) The English language version is the original and Den engelska språkversionen är originalversion och the reference in case of dispute. ska åberopas i händelse av tvist. Common list of colours Gemensam kulörförteckning Paint materials Lackmaterial Orientation Orientering This standard does not apply to Volvo Trucks’ Denna standard gäller inte för Volvo Lastvagnars or Renault Trucks’ brand-unique cab colours. eller Renault Trucks varumärkesunika hytt- To Volvo Trucks’ brand-unique colours, kulörer. För Volvo Lastvagnars varumärkes- STD 5750,12 applies. To Renault Trucks’ brand- unika kulörer gäller STD 5750,12. För Renault unique colours, 03.30.4002 applies. Trucks varumärkesunika kulörer gäller 03.30.4002. This issue differs from issue 10 in that: Denna utgåva skiljer sig från utgåva 10 genom att: The colour Power Blue (4017) has been kulör Power Blue (4017) har lagts till Volvo added to Volvo Penta’s colour list. Pentas kulörlista Contents Innehåll 1 General 1 Allmänt 2 1.1 Company-specific number series 1.1 Bolagsuppdelade nummerserier 2 1.2 Design-engineering documentation 1.2 Konstruktionsteknisk dokumentation 3 3 VTC colours 3 Volvo Lastvagnars kulörer 3 3.1 Number allocation 3.1 Nummeruttag 3 3.2 Colour master samples 3.2 Kulörlikare 3 3.3 Colour number classification 3.3 Kulörnummersindelning 3 3.4 List of colours 3.4 Kulörförteckning 4 4 Volvo Penta colours 4 Volvo Pentas kulörer 4 4.1 Number allocation 4.1 Nummeruttag 4 4.2 Colour master samples 4.2
    [Show full text]
  • The Volvo Group 2006 by Creating Value for Our Customers
    A global group The Volvo Group is one of the leading suppliers of commercial 2 Organization The Volvo Group 2006 4 Volvo in society transport solutions providing products such as trucks, 6 Vision, mission and values buses, construction equipment, drive systems for marine 8 Market overview T By creating value for 10 CEO comment and industrial applications compo- h as well as aircraft engine e our customers, we 12 Our customers’ needs govern our nents. The Volvo Group also offers its customers strategy… V o create value for our 13 1. Profitable growth fi nancial services. l 14 2. Innovation and product development v o 15 3. Highest quality in implementation The Group has about 83,000 employees, production facilities shareholders 16 Financial strategy G in 18 countries, and sales activities in some 180 countries. 18 Leading supplier of commercial r o transport solutions During 2006 Volvo Group sales rose 7% to SEK 248 billion, u 20 Volvo 3P – Development and synergies p SEK 40.20. 24 Volvo Powertrain - Uniform power with earnings per share advancing 25% to The 2 28 Long-term strategy in Asia 0 share is listed on the Stockholm Stock Exchange and on 30 The share 0 6 Sustainable development NASDAQ in the US. 32 Introduction 35 Environmental responsibility 40 Social responsibility Board of Directors’ Report 46 Significant events 50 Financial performance 52 Financial position 54 Cash-flow statement 56 Risk management 59 Business areas 60 Mack Trucks 62 Renault Trucks 64 Volvo Trucks 66 Trucks 68 Buses Information about IFRS 70 Construction Equipment As of January 1, 2005, AB Volvo complies with International Financial Reporting Standards (IFRS), 72 Volvo Penta 74 Volvo Aero previously known as IAS, as adopted by the European Union.
    [Show full text]
  • Annual and Sustainability Report 2017 Driving Performance
    THE VOLVO GROUP Annual and Sustainability Report 2017 Driving Performance The Volvo Group 2017 The Volvo and Innovation WorldReginfo - 3016dca3-d4db-498b-9818-3a9e015e9095 CONTENT A GLOBAL GROUP STRONG BRANDS OVERVIEW This is the Volvo Group. 2 CEO comments. 4 he Volvo Group’s brand port- folio consists of Volvo, Volvo STRATEGY T Committed to staying ahead . 8 Penta, UD, Terex Trucks, Renault Mission. 10 Trucks, Prevost, Nova Bus and Vision. .10 Mack. We partner in alliances and Values . 10 joint ventures with the SDLG, Aspirations. .11 Code of Conduct . 11 Eicher and Dongfeng brands. By Driving innovation. 12 offering products and services Strategic priorities. 16 under different brands, the Group Financial targets. .21 addresses many different BUSINESS MODEL customer and market segments in VALUE CHAIN. 24 mature as well as growth markets. Customers . 28 Product development . 34 Purchasing. 46 Production & Logistics . 48 Retail & Service . 54 Reuse. 60 EMPLOYEES . 68 OUR ROLE IN SOCIETY. 74 GROUP PERFORMANCE BOARD OF DIRECTORS’ REPORT 2017 Sustainability Reporting Index . 82 Global strength in a changing world. 82 Significant events. 84 Financial performance . 86 Financial position . 89 Cash flow statement . 92 Trucks . 94 Construction Equipment . 98 Buses. 101 Volvo Penta . 103 Financial Services. 105 Financial management . 107 Changes in consolidated shareholders’ equity. 108 The share. 109 Risks and uncertainties. 112 NOTES Notes to the financial statements. 118 Parent Company AB Volvo . 178 CORPORATE GOVERNANCE Corporate Governance Report 2017 . 188 Board of Directors. 196 Group Executive Board. 202 OTHER INFORMATION Proposed remuneration policy. .206 Proposed disposition of unappropriated earnings . 207 Audit report for AB Volvo (publ) .
    [Show full text]
  • Volvo Products for Transportation Management Wireless Roadside Inspection Concepts Pilot Project in the Port of Gothenburg
    Jan Hellaker Vice President, Volvo Technology North America Volvo Technology A few samples of Volvo’s experience from applying ITS to goods transportation Volvo products for Transportation Management Wireless Roadside Inspection concepts Pilot project in the Port of Gothenburg Volvo Technology Business AreasAreas Volvo Trucks Renault Trucks Mack Trucks Nissan Diesel The world’s 2nd largest manufacturer of heavy trucks Construction Buses Equipment VolvoMack Trucks Penta Volvo Aero Financial Services Volvo Technology Sales and Employees Worldwide 2008 EUROPE Sales 52% NORTH AMERICA 61,130 60% Sales 16% 14,200 14% ASIA Sales 19% 19,090 19% SOUTH AMERICA Sales 7% 4,380 4% OTHER Sales 7% 2,580 3% Volvo Technology Corporate Values Volvo Technology Connected Truck Authorities Fleet operators Road charging, emission control, dangerous Improved transport efficiency and goods monitoring, e-call (e-safety), cost optimization, driver time anti-theft solutions etc. management, cargo management & security/safety Drivers & families Keeping touch with messaging Finance/insurance companies Focus on minimizing Cargo owner risk by monitoring & control – security Monitoring of location, & status etc. & usage 3rd party service & Truck manufacturers/dealer software companies In order to manage up-time, increase parts & service sales Integration of 3rd party solutions and improve customer relationship management Volvo Technology DYNAFLEET Volvo´s online transport information system Volvo Technology Product history ’09- VolvoLink ’08- VTNA ’06- Optifleet RT DF
    [Show full text]
  • Volvo Trucks Volvo Group
    CONSTRUCTION SUMMIT ISTANBUL Zafer Arız Gökhan Kenar Johan Abrahamsson Commercial Aftersales Manager Hub Business Manager EMEA Hub South Senior Customer Finance Manager MEENA, Market East Volvo Construction Equipment Volvo Construction Equipment Volvo Trucks Volvo Group We are one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. We also provide complete solutions for financing and service. Volvo Group Construction Summit Istanbul 2019 2 09-10-2019 What we do Like a circulatory system, our trucks, buses, engines, construction equipment and financial services are involved in many of the functions that most of us rely on every day. ON THE ROAD IN THE CITY Our products help ensure that Our products are part of the daily people have food on the table, life. They take people to work, can travel to their destination and distribute goods and collect roads to drive on. garbage. We are developing to- morrow’s public transport solutions. AT THE SITE AT SEA We contribute to the extraction Our products and services are with of some of the world’s most important you, regardless of whether you are raw materials. Our engines, machines and at work on a ship or on holiday in vehicles can be found at mining and construction your pleasure boat. sites and in the middle of forests. Volvo Group Construction Summit Istanbul 2019 3 09-10-2019 Our vision To be the most desired and successful transport solution provider in the world Volvo Group Construction Summit Istanbul 2019 4 09-10-2019 Strong brands Our brand portfolio consists of Volvo, Volvo Penta, UD, Terex Trucks, Renault Trucks, Prevost, Nova Bus, Mack and Arquus.
    [Show full text]
  • Th E V O Lvo G Ro U P 2 0
    THE VOLVO GROUP ANNUAL REPORT 2012 The V olvo olvo G roup 2012 TOGETHER WE MOVE THE WORLD www.volvogroup.com A Global Group 2 CEO comment TOGETHER WE MOVE THE OperatiNG coNteXT 4 Future transport needs StrategY 8 Strategic approach BUsiNess model 22 Product offering WORLD 28 World-class services 30 A high-performing organization Without the products and services of the Volvo 32 Industrial structure Group the societies where many of us live 34 Production 35 Responsible sourcing would not function. Like lifeblood, our trucks, GroUP PerformaNce buses, engines and construction equipment are 36 Global strength involved in many of the functions that most of 38 Development by continent − Europe us rely on every day. 40 Focus new Volvo FH 42 Development by continent − North America For instance, one in seven meals eaten in 44 Development by continent − South America Europe reaches the consumers thanks to trucks 46 Focus Peru 48 Development by continent − Asia from the Volvo Group rolling on the roads of the 50 Focus Dongfeng continent. Buses are the most common type of 52 Focus Africa public transportation in the world, helping many Board of Directors’ report people to reach work, school, vacations, friends 56 Significant events and family. If all the Volvo buses in the world were 58 Trucks to start at the same time, they would transport 60 Buses more than 10 million people. Our construction 62 Construction equipment 64 Volvo Penta machines are used when building roads, houses, 66 Volvo Financial Services hospitals, airports, railroads, factories, offices, 68 Financial management shopping centers and recreational facilities.
    [Show full text]
  • THE VOLVO GROUP ANNUAL and SUSTAINABILITY REPORT 2015 the Volvo Group’S Products and Services Contribute to Much of What We All Expect of a Well-Functioning Society
    THE VOLVO GROUP ANNUAL AND SUSTAINABILITY REPORT 2015 The Volvo Group’s products and services contribute to much of what we all expect of a well-functioning society. Our trucks, buses, engines, construction equipment and financial services are involved in many of the functions that most of us rely on every day.. THE VOLVO GROUP ANNUAL AND SUSTAINABILITY REPORT CONTENT CEO comment 2 A GLOBAL GROUP SHARE OF NET SALES BY BUSINESS AREA 2015 OVERVIEW Our customers make societies function 4 Strong positions thanks to ... 6 Trucks, 68% ... competitive products ... 8 ... and first-class services. 10 Construction Equipment, 16% Buses, 7% STRATEGY Volvo Penta, 3% Global context 18 Vision, Core values, Code of Conduct and Wanted position 20 Customer Finance, 3% Strategy 22 Other, 3% BUSINESS MODEL Value chain 24 Product development 26 Supply chain 30 Production 32 Distribution & Service 38 Products in use 42 Reuse & Recycling 46 Value creation 50 Sustainability context 52 Sustainability drivers 54 Sustainability ambitions 55 SHARE OF NET SALES BY MARKET 2015 Our material issues 56 Sustainable transport solutions 58 Shared value 64 Responsible business behavior 70 GROUP PERFORMANCE BOARD OF DIRECTORS’ REPORT 2015 North Europe Global strength 76 America 39% Significant events published in quarterly reports 78 33% Financial performance 80 Financial position 83 Asia 17% Cash flow statement 86 Trucks 88 Construction equipment 92 Buses 95 Volvo Penta 97 South Volvo Financial Services 99 America Financial targets 101 5% 6% Financial management 102 Changes
    [Show full text]