Who we are
From the very outset Volvo Cars has been a brand for people who care about the world we live in and the people around us. We have made it our mission to make life easier, better and safer for everyone.
For life. We want to provide you with the freedom to move in a personal, sustainable and safe way.
Personal
With new models of car ownership and attractive services whenever and wherever you need, we aim to make your life less complicated.
Sustainable
To help protect the world we share, we must do more than merely electrify our cars. We’re committed to rethinking sustainability in our operations, in our cars and in society.
Safe
We make cars for people who care about other people. So when it comes to safety, we think just as much about your surroundings as we do about you and your passengers.
2023 in figures
19.9bn
Operating income (EBIT) (SEK)
5.0%
EBIT margin
708.7k
Retail sales (units)
399.3bn
Revenue (SEK)
Our portfolio
Volvo Car Group – meet the family
The majority of Volvo Car Group is owned by Geely Holding. Our group structure includes Volvo Cars, software company Zenseact and mobility company Volvo On Demand.
Volvo Car Group also includes sizeable stakes in our strategic affiliates: fast-growing brand LYNK & CO (30% owned by Volvo Cars) and electric performance brand Polestar (18%).
Volvo Cars together with ECARX also owns HaleyTek that develops infotainment platforms based on Android Automotive, for the group and beyond. NOVO Energy is a joint venture between Volvo Cars and Northvolt (50% owned by Volvo Cars) delivering sustainable, high-quality lithium-ion batteries that will power the next generation of pure electric Volvo and Polestar cars.
Polestar
The electric performance vehicle brand.
Lynk&Co
Flexible tech-driven mobility that redefines car accessibility.
Zenseact
Our autonomous drive software development subsidiary.
Volvo On Demand
Our car sharing mobility company.
We're global
Since 1927, our global headquarters has remained in our hometown, Gothenburg, Sweden. Our Americas head office is in Mahwah, New Jersey; our APAC head office is in Shanghai.
We produce cars in Gothenburg (Sweden); Ghent (Belgium); Charleston (US); Chengdu, Daqing and Taizhou (China). Our cars are sold in more than 100 countries.
Watch this film to learn more details about our global presence.
Corporate information
Our Investors section will guide you through our company's leadership, reports, governance and other corporate information.
From past to present
Our unique heritage forms what we do today and shapes the way we think of the future. Come with us on an exciting trip down memory lane and learn more about our eventful history and iconic cars.