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“In Q3 2025, the Volvo Group's net sales increased in Europe, while more difficult market conditions in North America and South America impacted sales negatively. In total, the Group's net sales amounted to SEK 110.7 billion (117.0), which was an increase of 1% when adjusted for currency movements. Sales of vehicles were 1% lower than in Q3 2024 when adjusted for currency. The underlying development in the service business remained good, with service sales growing by 4% adjusted for currency. On a rolling 12-month basis service revenues amounted to SEK 126 billion. Despite the lower vehicle volumes, we maintained our earnings resilience and generated an adjusted operating income of SEK 11.7 billion (14.1) with an adjusted operating margin of 10.6% (12.0),” says Martin Lundstedt, President and CEO.
The Volvo Group report for the third quarter will be published on October 17, 2025 at 7:20 a.m. CEST.
Press release
2025-10-01
Changes to the Volvo Group Executive Board and Renault Trucks management team
After ten years of service, Bruno Blin, has decided to step down from his role as member of the Volvo Group Executive Board and President Renault Trucks. He will be replaced by Antoine Duclaux, currently Senior Vice President Renault Trucks International.
Press release
2025-10-01
Volvo Group introduces PU2000: a smart, safe and energy cost optimized BESS
Volvo Energy, part of the Volvo Group, today officially introduces the PU2000 Battery Energy Storage System (BESS) at its Customer Day in Gothenburg. Designed, developed, and manufactured in Sweden, the PU2000 supports energy optimization and resiliency, and accelerates the transition to electrification, marking an important expansion of Volvo Group’s portfolio into energy solutions.
The number of votes in AB Volvo has changed due to the conversion of a total of 280,208 Series A shares to a total of 280,208 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.
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Electronic control units (ECUs) on vehicles can connect to the internet, so how can they stay protected from cyber threats?
When people ask what I do, I often say I'm building the AI backbone of an organization. It's a simplified answer to a complex task, but it's also true: without a solid architectural foundation, AI initiatives are either doomed to remain isolated experiments or balloon into expensive, unsustainable projects.
In the fast-evolving landscape of corporate–startup collaboration, the way we describe the three CampX programs plays a crucial role in shaping how they are perceived and how effective they can be. Therefore, two years after launching the CampX Incubator program in the hub in Gothenburg, Sweden we see a need to change the name to Venture Access to clarify the value we deliver.
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Senior Vice President Media Relations,
Volvo Group Headquarters
Phone: +46 765 537229
E-mail: press@volvo.com
Senior Vice President Communications,
Volvo Group North America
Phone: +1 (336) 543-9094
Email: john.mies@volvo.com
Public Relation and Media Manager,
Volvo Group Australia
Phone: +61 436 681 117
Email: matthew.wood@volvo.com
