Personal, sustainable and safe
Truly global, proudly Scandinavian
Our Company at a Glance
We have created world-changing innovations since the first Volvo rolled off the production line in 1927. Today, Volvo Cars is one of the most well-known and respected car brands and is heralding an all-electric future.
Our company is a truly global organisation with Scandinavian roots and manufacturing in Sweden, Belgium, China and in the United States.
Volvo Car Group (Volvo Cars) is owned by Zhejiang Geely Holding (Geely Holding) of China.
Our business ambitions
We’re ambitious. We aim to continue leading the global automotive industry in safety technology, electrification and autonomous drive and we continually challenge ourselves.
By the middle of the next decade, we expect to generate half of all sales annually from fully electric cars, one third of all cars sold to be autonomous driving cars, and half of all car sales to come through our subscription service.
We want to talk more with our customers, so we’re aiming for more than five million direct consumer relationships by the middle of the next decade, creating new sources of recurring revenue.
And we’re aiming to do all this while generating premium-level profitability, driven by increased revenue across all three global sales regions and a broader range of cars, services and customers.
Volvo Car Group introduces its vision for the future of mobility.
Volvo Cars in figures
Cars sold in 2018
Average number of employees
2017 operating profit (MSEK)
Long-term commitment to our planet
As a human-centric car company, we are a brand for people who care about other people and the world in which we live. This is at the core of our business and of our approach to sustainability. Our commitment is about re-thinking sustainability, and goes beyond our operations and our cars, and into society. It makes us think again every time we take decisions that affect the world and the lives of people.
Innovation for life
Our human centric focus is what makes us different from all other car companies, and it is at the heart of everything we create. Our Scandinavian design is a combination of simplicity, beauty and functionality.
Inspired by nearly a century of world-changing innovations, at Volvo Cars we’ve always designed cars that put people first.
From past to future: 90 years of refinement
In every generation since the late 1920s, Volvo has been a pioneer. Our company was born because we believed that nobody was making cars strong enough or safe enough for Swedish roads. Discover how our heritage – events, casual encounters, strokes of genius and ground-breaking innovations – shapes our unique approach to mobility.