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  September 5, 2001
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Home > Company Index > Automotive & Transport Equipment > Auto Manufacturers > AB Volvo

AB Volvo
Nasdaq: VOLVY
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 PROFILE
Having parked its car business, Volvo is now a leading maker of trucks as well as buses; marine, aircraft, and industrial engines; and construction equipment. The company's most widely known business -- auto making -- has been sold to #2 carmaker Ford Motor Company. The sale enables Volvo to focus on its remaining units, particularly trucks. Volvo controls about 31% of fellow Swedish truck maker Scania (which the EU Commission says it must sell by 2004 - likely buyers include Volkswagen). The company doubled its truck making capacity when it agreed to grant Renault a 15% stake in Volvo in exchange for the French carmaker's Mack truck unit.

 COMPETITION
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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 13,800.00
1-Yr. Sales Growth: (5.9)%
Employees: 54,270
Revenue per employee: $254,284.13

 KEY PEOPLE
• Leif Johansson
    CEO
• Stefan Johnsson
    CFO

 CONTACT INFO

S-405 08 Gothenburg, Sweden
Phone: 46-31-59-66-00
Fax: 46-31-54-57-72
Online: Web Site

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