AB Volvo is a leading truck manufacturer in Europe and the third largest globally. According to UBS, the company has been given a neutral stance. In 2023, AB Volvo reported sales of 246,272 vehicles, with trucks contributing 66.3% of its revenue.

AB Volvo has a diverse portfolio that includes brands like Volvo, Renault, Eicher, and Mack. Apart from truck sales, the company is also involved in the sale of construction equipment, which accounts for 18.7% of its sales. This includes excavators and loaders. Financial services make up 4.3% of its revenue, while the sale of buses and chassis, where AB Volvo ranks as the world"s second-largest manufacturer, contributes another 4%. The company also generates revenue from parts, control systems, and marine and industrial engines, which make up 3.7% of its sales. These engines have various applications, ranging from cruise ships to irrigation units.

Geographically, AB Volvo"s sales are distributed as follows: 42.8% in Europe, 29.8% in North America, 12% in Asia, 8.9% in South America, and 6.5% in Africa and Oceania. This global market presence highlights AB Volvo"s significant role in the transportation and construction sectors.