Volvo Group Competitors and Similar CompaniesClear all

Volvo Group's competitors and similar companies include Isuzu, Penske Automotive Group, International, MAN Truck & Bus, Scania, Mercedes-Benz Group, PACCAR, Audi, Volkswagen Group and Tata Motors.
Volvo Group
Volvo Group
Volvo Group is a company that manufactures and distributes automotive vehicles.
Isuzu
Isuzu
Isuzu Motors (いすゞ自動車株式会社) is a commercial vehicle and diesel engine manufacturing company.
Penske Automotive Group
Penske Automotive Group
Penske Automotive Group is an international transportation services company operating automotive dealerships.
International
International
International Motors (formerly known as Navistar International) is a company that provides commercial trucks, buses, defense vehicles, and engines.
MAN Truck & Bus
MAN Truck & Bus
MAN Truck and Bus is a commercial vehicle manufacturer.
Scania
Scania
Scania is a company providing transport solutions.
Mercedes-Benz Group
Mercedes-Benz Group
Mercedes-Benz Group (formerly known as Daimler) is a global manufacturer of premium cars and commercial vehicles.
PACCAR
PACCAR
PACCAR is a company that designs, manufactures, and distributes commercial trucks.
Audi
Audi
Audi is a company that designs, manufactures, and distributes automobiles.
Volkswagen Group
Volkswagen Group
Volkswagen Group is an automobile manufacturer.
Tata Motors
Tata Motors
Tata Motors is a global automobile manufacturer.
Founding Date
Founding Date
1927
Founding Date
1916
Founding Date
1990
Founding Date
1831
Founding Date
1758
Founding Date
1891
Founding Date
1926
Founding Date
1905
Founding Date
1909
Founding Date
1937
Founding Date
1945
Type
Type
Public
Type
Public
Type
Public
Type
Subsidiary
Type
Public
Type
Subsidiary
Type
Public
Type
Public
Type
Subsidiary
Type
Public
Type
Public
Tags
Locations
Locations
Göteborg, SE HQ
Wacol, AU
Wacol, AU
Gent, BE
Sint Agatha Berchem, BE
Curitiba, BR
Pederneiras, BR
see more
Locations
Yokohama, JP HQ
Truganina, AU
Aartselaar, BE
Kontich, BE
Mississauga, CA
Santiago, CL
Beijing, CN
see more
Locations
Bloomfield Hills, US HQ
Locations
Lisle, US HQ
Leamington, CA
Ciudad General Escobedo, MX
Riyadh, SA
Huntsville, US
Jacksboro, US
Lincolnshire, US
see more
Locations
München, DE HQ
Brussel, BE
Berlin, DE
Salzgitter, DE
Locations
Södertälje, SE HQ
Buenos Aires, AR
Campbellfield, AU
Melbourne, AU
Brunn Am Gebirge, AT
Brussels, BE
Sarajevo, BA
see more
Locations
Stuttgart, DE HQ
Munro, AR
Bowen Hills, AU
Mulgrave, AU
Southbank, AU
Eugendorf, AT
Raaba, AT
see more
Locations
Bellevue, US HQ
Bayswater North, AU
Heathmont, AU
Ponta Grossa, BR
Mississauga, CA
Mexicali, MX
Eindhoven, NL
see more
Locations
Ingolstadt, DE HQ
Bruxelles, BE
São Paulo, BR
Beijing, CN
Changchun, CN
Foshan, CN
Qingdao, CN
see more
Locations
Wolfsburg, DE HQ
Córdoba, AR
Sarajevo, BA
Curitiba, BR
São José Dos Pinhais, BR
São Paulo, BR
São Paulo, BR
see more
Locations
Mumbai, IN HQ
Dhawa, IN
Gurugram, IN
Jaipur, IN
Mumbai, IN
Mumbai, IN
Mumbai, IN
see more
Employees
Employees
101,5951% decrease
Employees
45,034
Employees
26,5006% increase
Employees
7,6961% decrease
Employees
36,569
Employees
50,000
Employees
166,056
Employees
30,1007% decrease
Employees
87,736
Employees
651,917
Employees
91,496
Valuation ($)
Valuation ($)
53.5 b
Valuation ($)
9.6 b
Valuation ($)
10.2 b
Valuation ($)
N/A
Valuation ($)
12.8 b
Valuation ($)
N/A
Valuation ($)
65.8 b
Valuation ($)
55.9 b
Valuation ($)
N/A
Valuation ($)
49.4 b
Valuation ($)
N/A

Financial

Revenue (est.)
Revenue (est.)
kr526.8b (FY, 2024)
Revenue (est.)
¥3.4t (FY, 2024)
Revenue (est.)
$30.5b (FY, 2024)
Revenue (est.)
$7.5b (FY, 2020)
Revenue (est.)
€10.8b (FY, 2020)
Revenue (est.)
kr146.1b (FY, 2021)
Revenue (est.)
€153.2b (FY, 2023)
Revenue (est.)
$33.7b (FY, 2024)
Revenue (est.)
€69.9b (FY, 2023)
Revenue (est.)
€322.3b (FY, 2023)
Revenue (est.)
₹4.3t (FY, 2024)
Cost of goods
Cost of goods
kr360.2b (FY, 2024)
Cost of goods
¥2.6t (FY, 2024)
Cost of goods
$25.4b (FY, 2024)
Cost of goods
$6.2b (FY, 2020)
Cost of goods
€7.8b (FY, 2020)
Cost of goods
kr109.9b (FY, 2021)
Cost of goods
€105.3b (FY, 2023)
Cost of goods
$26.1b (FY, 2024)
Cost of goods
€55.9b (FY, 2023)
Cost of goods
€216.7b (FY, 2023)
Cost of goods
₹2.7t (FY, 2024)
Gross profit
Gross profit
kr167.7b (FY, 2024)
Gross profit
¥799.9b (FY, 2024)
Gross profit
$5b (FY, 2024)
Gross profit
$1.3b (FY, 2020)
Gross profit
€3.2b (FY, 2020)
Gross profit
kr36.3b (FY, 2021)
Gross profit
€50.1b (FY, 2023)
Gross profit
$7.6b (FY, 2024)
Gross profit
€14b (FY, 2023)
Gross profit
€115.1b (FY, 2023)
Gross profit
₹1.7t (FY, 2024)
Net income
Net income
kr50.6b (FY, 2024)
Net income
¥221.4b (FY, 2024)
Net income
$923.4m (FY, 2024)
Net income
($329m) (FY, 2020)
Net income
(€432m) (FY, 2020)
Net income
kr7.2b (FY, 2021)
Net income
€14.5b (FY, 2023)
Net income
$4.2b (FY, 2024)
Net income
€6.3b (FY, 2023)
Net income
€17.9b (FY, 2023)
Net income
₹341.1b (FY, 2024)

Operating

Brands
Brands
N/A
Brands
N/A
Brands
35 (FY, 2019)
Brands
6 (Feb, 2023)
Brands
N/A
Brands
N/A
Brands
N/A
Brands
N/A
Brands
N/A
Brands
N/A
Brands
N/A
Total Units Delivered (Buses)
Total Units Delivered (Buses)
9.4 k (Q3, 2021)
Total Units Delivered (Buses)
N/A
Total Units Delivered (Buses)
N/A
Total Units Delivered (Buses)
N/A
Total Units Delivered (Buses)
N/A
Total Units Delivered (Buses)
1.2 k (Q2, 2020)
Total Units Delivered (Buses)
N/A
Total Units Delivered (Buses)
N/A
Total Units Delivered (Buses)
N/A
Total Units Delivered (Buses)
N/A
Total Units Delivered (Buses)
N/A
Total Units Delivered (Engines)
Total Units Delivered (Engines)
9.4 k (Q3, 2021)
Total Units Delivered (Engines)
N/A
Total Units Delivered (Engines)
N/A
Total Units Delivered (Engines)
N/A
Total Units Delivered (Engines)
N/A
Total Units Delivered (Engines)
1.8 k (Q2, 2020)
Total Units Delivered (Engines)
N/A
Total Units Delivered (Engines)
N/A
Total Units Delivered (Engines)
N/A
Total Units Delivered (Engines)
N/A
Total Units Delivered (Engines)
N/A
Total Units Delivered (Trucks)
Total Units Delivered (Trucks)
44 k (Q3, 2021)
Total Units Delivered (Trucks)
N/A
Total Units Delivered (Trucks)
N/A
Total Units Delivered (Trucks)
N/A
Total Units Delivered (Trucks)
N/A
Total Units Delivered (Trucks)
11.1 k (Q2, 2020)
Total Units Delivered (Trucks)
N/A
Total Units Delivered (Trucks)
N/A
Total Units Delivered (Trucks)
N/A
Total Units Delivered (Trucks)
N/A
Total Units Delivered (Trucks)
N/A
Vehicles Delivered
Vehicles Delivered
N/A
Vehicles Delivered
N/A
Vehicles Delivered
N/A
Vehicles Delivered
N/A
Vehicles Delivered
N/A
Vehicles Delivered
N/A
Vehicles Delivered
N/A
Vehicles Delivered
N/A
Vehicles Delivered
710.8 k (H1, 2020)
Vehicles Delivered
6.7 m (Q3, 2023)
Vehicles Delivered
N/A
Vehicles Delivered (Audi)
Vehicles Delivered (Audi)
N/A
Vehicles Delivered (Audi)
N/A
Vehicles Delivered (Audi)
N/A
Vehicles Delivered (Audi)
N/A
Vehicles Delivered (Audi)
N/A
Vehicles Delivered (Audi)
N/A
Vehicles Delivered (Audi)
N/A
Vehicles Delivered (Audi)
N/A
Vehicles Delivered (Audi)
707.2 k (H1, 2020)
Vehicles Delivered (Audi)
1.4 m (Q3, 2023)
Vehicles Delivered (Audi)
N/A
Vehicles Delivered (Lamborhini)
Vehicles Delivered (Lamborhini)
N/A
Vehicles Delivered (Lamborhini)
N/A
Vehicles Delivered (Lamborhini)
N/A
Vehicles Delivered (Lamborhini)
N/A
Vehicles Delivered (Lamborhini)
N/A
Vehicles Delivered (Lamborhini)
N/A
Vehicles Delivered (Lamborhini)
N/A
Vehicles Delivered (Lamborhini)
N/A
Vehicles Delivered (Lamborhini)
3.5 k (H1, 2020)
Vehicles Delivered (Lamborhini)
7.7 k (Q3, 2023)
Vehicles Delivered (Lamborhini)
N/A
Vehicles Produced
Vehicles Produced
N/A
Vehicles Produced
N/A
Vehicles Produced
N/A
Vehicles Produced
N/A
Vehicles Produced
N/A
Vehicles Produced
N/A
Vehicles Produced
N/A
Vehicles Produced
N/A
Vehicles Produced
675.6 k (H1, 2020)
Vehicles Produced
6.9 m (Q3, 2023)
Vehicles Produced
N/A
Vehicles Produced (Audi)
Vehicles Produced (Audi)
N/A
Vehicles Produced (Audi)
N/A
Vehicles Produced (Audi)
N/A
Vehicles Produced (Audi)
N/A
Vehicles Produced (Audi)
N/A
Vehicles Produced (Audi)
N/A
Vehicles Produced (Audi)
N/A
Vehicles Produced (Audi)
N/A
Vehicles Produced (Audi)
672.4 k (H1, 2020)
Vehicles Produced (Audi)
1.7 m (FY, 2022)
Vehicles Produced (Audi)
N/A
Vehicles Produced (Lamborghini)
Vehicles Produced (Lamborghini)
N/A
Vehicles Produced (Lamborghini)
N/A
Vehicles Produced (Lamborghini)
N/A
Vehicles Produced (Lamborghini)
N/A
Vehicles Produced (Lamborghini)
N/A
Vehicles Produced (Lamborghini)
N/A
Vehicles Produced (Lamborghini)
N/A
Vehicles Produced (Lamborghini)
N/A
Vehicles Produced (Lamborghini)
3.2 k (H1, 2020)
Vehicles Produced (Lamborghini)
9.9 k (FY, 2022)
Vehicles Produced (Lamborghini)
N/A
Vehicles Shipped
Vehicles Shipped
N/A
Vehicles Shipped
N/A
Vehicles Shipped
629 k (FY, 2019)
Vehicles Shipped
N/A
Vehicles Shipped
N/A
Vehicles Shipped
N/A
Vehicles Shipped
2.5 m (FY, 2022)
Vehicles Shipped
N/A
Vehicles Shipped
N/A
Vehicles Shipped
N/A
Vehicles Shipped
N/A
Vehicles Sold
Vehicles Sold
N/A
Vehicles Sold
N/A
Vehicles Sold
N/A
Vehicles Sold
N/A
Vehicles Sold
N/A
Vehicles Sold
N/A
Vehicles Sold
N/A
Vehicles Sold
N/A
Vehicles Sold
N/A
Vehicles Sold
6.8 m (Q3, 2023)
Vehicles Sold
1.3 m (FY, 2023)

Funding

Total funding raised
Total funding raised
N/A
Total funding raised
N/A
Total funding raised
N/A
Total funding raised
$ 256m
Total funding raised
N/A
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
Total funding raised
N/A
For sources of this data, please see the company profile

View Company Profiles

Isuzu
HQ
Yokohama, JP
Employees
45,034

Isuzu Motors (いすゞ自動車株式会社) is a commercial vehicle and diesel engine manufacturing company.

View company
Penske Automotive Group
HQ
Bloomfield Hills, US
Employees
26,500↑ 6% increase

Penske Automotive Group is an international transportation services company operating automotive dealerships.

View company
International
HQ
Lisle, US

International Motors (formerly known as Navistar International) is a company that provides commercial trucks, buses, defense vehicles, and engines.

View company
MAN Truck & Bus
HQ
München, DE
Employees
36,569

MAN Truck and Bus is a commercial vehicle manufacturer.

View company