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Sweden, Göthenburg
Trucks, Busses and Construction equipment
Marine and industrial drive systems
Financial services

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Mission
Driving prosperity through transport and infrastructure solutions.

Vision
To be the most desired and successful transport and infrastructure solution provider in the world.

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Staying on the right track
·        Have leading customer satisfaction for all brands in their segments

·        Be the most admired employer in the industry

·        Have industry leading profitability

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1981 Automatic Power Shift
Benefits: Saves fuel, boost performance > selecting the right gear

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2001 Volvo I-Shift
Benefits: Calculates best shift option

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2002 Renault Infomax
Benefits: Measuring and analysing fuel consumption

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2004 Penta IPS
Inboard Performance System
Benefits: 35% better efficiency at cruising speeds

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2006 I-SAM hybrid concept
Benefits: Fuel savings up to 35%
For vehicles on routes with frequent braking and acceleration

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2007 CO2-neutral trucks and plant in Ghent, Belgium

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2012 I-See
Benefits: Reduces fuel consumption long distance transport > Autopilot system

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2013 Dynamic Steering
Benefits: Helps with steering

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2014 Dual clutch
Benefits: Gear changes without interruption in power delivery

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2015 Electric bus
Benefits: Cleaner and less noise

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2016 Automation
HX1, autonomous truck
Tested in Kristineberg mine, Brazil

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2018 Connected, autonomous and electric
Benefits: Efficient and safe goods transport

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Volvo Culture Values
·        Customer success​

·        Trust​

·        Passion

·        Change​

·        Performance​

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Leadership at Volvo Group
Connect people’s talents and passion to the organization’s purpose, to unlock potentials so employees are willing to give their best

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Strategy of Volvo Group
Creating customer value and showing the way forward

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Internationalisation: From Hisingen to the world

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Internationalisation: From Hisingen to the world

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1927: Volvo was founded in Sweden, in Göteborg
1940-1945: Volvo’s business operations underwent a period of rapid expansion.
1964-1969; Two plants were opened, one in Torslanda, Sweden, and one in Alsemberg near Brussels, Belgium
1977: Construction of a second truck manufacturing plant in Belgium
1980-1982: A new plant for producing bus chassis and trucks was opened in Brazil and in Sweden Volvo opened its new assembly plant for trucks.
1993 and 1994: Volvo “divorced” with the Renault Group
1999: Volvo sold Volvo Cars but acquired two new brands, Mack and Renault Trucks. The group now focused on the commercial automotive industry
2001-2008: Asia is growing and becoming the second largest market after Europe > Volvo CE sets up production in Shanghai
2019: Volvo Autonomous Solutions

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Importance of a sustainaility
- CO2 neutral demonstration trucks (15 years ago)
- CO2 neutral vehicle plant in Ghent, Belgium
- 2010 approved to participate in in WWF’s Climate Savers program
- 2015 Electric bus and bus network in Göthenburg, Sweden
- 2016 Fully autonomous trucks test in the Kristineberg mine, Brazil. Volvo CE presents its new concept HX1, an autonomous construction machine.
- 2018 next-generation transport solutions > Vera

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No steady growth of employees
Changes between Establishment phases and Termination phases
Covid 19 layoffs despite increase order intake
- Semiconductor shortages
- Production stop
Different locations
- Cultural differences

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Culture
- Formal vs Informal
- Hierarchy

Strategy
- Similar

Governance structure
- Family influence vs "Objective" influence
- Sentiment vs Focus on future

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Position of the Volvo Group in the Doughnut

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Position of the Volvo Group in the Doughnut

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Transportation sector
Partnerships > Electric busses
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