Volvo Cars Competitors and Similar CompaniesClear all
Volvo Cars's competitors and similar companies include PACCAR, Mercedes-Benz Group, Tata Motors, Audi and Scania.
 Mercedes-Benz Group Mercedes-Benz Group (formerly known as Daimler) is a global manufacturer of premium cars and commercial vehicles. | ||||||
Founding Date | Founding Date 1927 | Founding Date 1905 | Founding Date 1926 | Founding Date 1945 | Founding Date 1909 | Founding Date 1891 |
Type | Type Public | Type Public | Type Public | Type Public | Type Subsidiary | Type Subsidiary |
Tags | ||||||
Locations | Locations Göteborg, SE HQ Wien, AT Sao Paulo, BR Richmond Hill, CA Čestlice, CZ Herlev, DK Søborg, DK see more | Locations Bellevue, US HQ Bayswater North, AU Heathmont, AU Ponta Grossa, BR Mississauga, CA Mexicali, MX Eindhoven, NL see more | Locations Stuttgart, DE HQ Munro, AR Bowen Hills, AU Mulgrave, AU Southbank, AU Eugendorf, AT Raaba, AT see more | Locations Ingolstadt, DE HQ Bruxelles, BE São Paulo, BR Beijing, CN Changchun, CN Foshan, CN Qingdao, CN see more | Locations Södertälje, SE HQ Buenos Aires, AR Campbellfield, AU Melbourne, AU Brunn Am Gebirge, AT Brussels, BE Sarajevo, BA see more | |
Employees | Employees 42,600 | Employees 30,1007% decrease | Employees 166,056 | Employees 91,496 | Employees 87,736 | Employees 50,000 |
Valuation ($) | Valuation ($) 6.6 b | Valuation ($) 55.9 b | Valuation ($) 65.8 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A |
Financial | ||||||
Revenue (est.) | Revenue (est.) kr399.3b (FY, 2023) | Revenue (est.) $33.7b (FY, 2024) | Revenue (est.) €153.2b (FY, 2023) | Revenue (est.) ₹4.3t (FY, 2024) | Revenue (est.) €69.9b (FY, 2023) | Revenue (est.) kr146.1b (FY, 2021) |
Cost of goods | Cost of goods kr304.5b (FY, 2023) | Cost of goods $26.1b (FY, 2024) | Cost of goods €105.3b (FY, 2023) | Cost of goods ₹2.7t (FY, 2024) | Cost of goods €55.9b (FY, 2023) | Cost of goods kr109.9b (FY, 2021) |
Gross profit | Gross profit kr94.9b (FY, 2023) | Gross profit $7.6b (FY, 2024) | Gross profit €50.1b (FY, 2023) | Gross profit ₹1.7t (FY, 2024) | Gross profit €14b (FY, 2023) | Gross profit kr36.3b (FY, 2021) |
Net income | Net income kr14.1b (FY, 2023) | Net income $4.2b (FY, 2024) | Net income €14.5b (FY, 2023) | Net income ₹341.1b (FY, 2024) | Net income €6.3b (FY, 2023) | Net income kr7.2b (FY, 2021) |
Operating ⚠ | ||||||
Countries | Countries 100 (FY, 2023) | Countries N/A | Countries N/A | Countries 125 (FY, 2023) | Countries N/A | Countries N/A |
Funding | ||||||
Total funding raised | Total funding raised $ 532m | Total funding raised N/A | Total funding raised $ 1.4b | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A |
For sources of this data, please see the company profile
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PACCAR
HQ
Bellevue, US
Employees
30,100↓ 7% decrease
PACCAR is a company that designs, manufactures, and distributes commercial trucks.
View companyMercedes-Benz Group
HQ
Stuttgart, DE
Employees
166,056
Mercedes-Benz Group (formerly known as Daimler) is a global manufacturer of premium cars and commercial vehicles.
View company
Audi
HQ
Ingolstadt, DE
Audi is a company that designs, manufactures, and distributes automobiles.
View company