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.
 Penske Automotive Group Penske Automotive Group is an international transportation services company operating automotive dealerships. |  International International Motors (formerly known as Navistar International) is a company that provides commercial trucks, buses, defense vehicles, and engines. |  Mercedes-Benz Group Mercedes-Benz Group (formerly known as Daimler) is a manufacturer of premium cars and commercial vehicles. | |||||||||
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 Subsidiary | 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 Grand Bourg, AR Campbellfield, AU Brunn Am Gebirge, AT Bruxelles, BE Sarajevo, BA Gaborone, BW 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 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 General Pacheco, AR Chullora, AU Zetland, AU Salzburg, AT Bruxelles, BE see more | |
Employees | Employees 101,5951% decrease | Employees 42,117 | Employees 28,9003% increase | Employees 10,4552% decrease | Employees 36,569 | Employees 50,00015% decrease | Employees 175,264 | Employees 25,90014% decrease | Employees 88,6041% increase | Employees 632,552 | Employees 91,496 |
Valuation ($) | Valuation ($) 53.5 b | Valuation ($) 9.6 b | Valuation ($) 10.2 b | Valuation ($) N/A | Valuation ($) N/A | 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.) kr479.2b (FY, 2025) | Revenue (est.) ¥3.2t (FY, 2025) | Revenue (est.) $31.8b (FY, 2025) | Revenue (est.) $7.5b (FY, 2020) | Revenue (est.) €10.8b (FY, 2020) | Revenue (est.) kr49.9b (FY, 2025) | Revenue (est.) €132.2b (FY, 2025) | Revenue (est.) $28.4b (FY, 2025) | Revenue (est.) €64.5b (FY, 2024) | Revenue (est.) €321.9b (FY, 2025) | Revenue (est.) ₹3.3t (FY, 2026) |
Cost of goods | Cost of goods kr338.8b (FY, 2025) | Cost of goods ¥2.4t (FY, 2025) | Cost of goods $26.6b (FY, 2025) | Cost of goods $6.2b (FY, 2020) | Cost of goods €7.8b (FY, 2020) | Cost of goods N/A | Cost of goods €94.3b (FY, 2025) | Cost of goods $22.7b (FY, 2025) | Cost of goods €54.4b (FY, 2024) | Cost of goods €231.3b (FY, 2025) | Cost of goods ₹2.1t (FY, 2026) |
Gross profit | Gross profit kr143.4b (FY, 2025) | Gross profit ¥819.5b (FY, 2025) | Gross profit $5.2b (FY, 2025) | Gross profit $1.3b (FY, 2020) | Gross profit €3.2b (FY, 2020) | Gross profit N/A | Gross profit €39.4b (FY, 2025) | Gross profit $5.7b (FY, 2025) | Gross profit €10.1b (FY, 2024) | Gross profit €99.9b (FY, 2025) | Gross profit ₹1.3t (FY, 2026) |
Net income | Net income kr34.7b (FY, 2025) | Net income ¥180.9b (FY, 2025) | Net income $937.9m (FY, 2025) | Net income ($329m) (FY, 2020) | Net income (€432m) (FY, 2020) | Net income N/A | Net income €5.3b (FY, 2025) | Net income $2.4b (FY, 2025) | Net income €4.2b (FY, 2024) | Net income €6.9b (FY, 2025) | Net income (₹13.8b) (FY, 2026) |
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 |
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Isuzu
HQ
Yokohama, JP
Employees
42,117
Isuzu Motors (いすゞ自動車株式会社) is a commercial vehicle and diesel engine manufacturing company.
View companyPenske Automotive Group
HQ
Bloomfield Hills, US
Employees
28,900↑ 3% increase
Penske Automotive Group is an international transportation services company operating automotive dealerships.
View companyInternational
HQ
Lisle, US
International Motors (formerly known as Navistar International) is a company that provides commercial trucks, buses, defense vehicles, and engines.
View company