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Personal, sustainable and safe

Volvo Car Group

Our Company at a Glance

We have created world-changing innovations since the first Volvo rolled off the production line in 1927. The modern seatbelt. The side impact protection system. The pedestrian detection system. Today, Volvo Cars is one of the most well-known and respected premium car brands, preparing for a new future that will be all-electric, autonomous and connected.

Our company is a truly global organisation: our roots are decidedly Scandinavian, but we have manufacturing, research and design operations in Europe, Asia and the Americas.

Volvo Cars in figures

642K

Cars sold in 2018

43K

Average number of employees

2.3K

Dealers globally

14.2bn

2018 operating profit (bnSEK)

Company

Our Global presence

VISION 2020

Aiming for zero

SHAPING TOMORROWS MOBILITY

Innovation

Volvo Car Group in short

Volvo Car Group (Volvo Cars) is owned by Zhejiang Geely Holding (Geely Holding) of China. Our group structure comprises Volvo Cars and related businesses: car subscription service Care by Volvo, mobility company M, electric performance arm Polestar as well as sizeable stakes in new Chinese car brand LYNK & CO and software company Zenuity. 

Volvo Car Group

Learn more about the brands:

Volvo Cars websites

Discover Volvo Cars

Care by Volvo

A new alternative to owning or leasing a Volvo car

discover

Polestar

Discover

Lynk & Co

MOVE FREELY

Learn more about M

Learn more

Zenuity

Our 2025 business ambitions

We’re ambitious and we continually challenge ourselves. The global automotive industry is changing, and Volvo wants to lead that change – in safety, connectivity, electrification and autonomous drive technology. Rather than just building and selling premium cars, we will provide our customers with the freedom to move in a personal, sustainable and safe way.

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.

50%

of all sales annualy from fully electric cars

1/3

of all cars to be autonomous driving cars

50%

of all cars to come from our subscription service

Volvo Cars aims to become a global and diversified mobility service provider. This means new models of car ownership and access, and new attractive services whenever and wherever customers want it. We want to come closer to 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.

HÃ¥kan Samuelsson, Volvo Cars

Volvo Car Group introduces its vision for the future of mobility.

Volvo Cars Sustainable business

Sustainability

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.

Discover our Sustainability Programme
Build your career with Volvo CarsBuild you career with Volvo Cars

Build your career with Volvo Cars

Volvo Cars’ proud history of automotive innovations is the result of a collaborative, diverse and inclusive working environment. What we all have in common at Volvo Cars is our passion for protecting lives and our endless curiosity. 

Careers
Volvo Cars Safety

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.

Discover our Heritage

Our commitment to excellence

ISO Certificates

Financial results

Investor relations

www.volvocars.com

Our Cars