In the fiscal year of 2022, the truck segment generated over 29.7 billion U.S. dollars of Volvo's global net sales, representing a rise of just over sixteen percent from close to 25..5 billion U.S. dollars in 2021. Volvo is one of the largest truck manufacturers worldwide.
Volvo Group's global net sales in FY 2022, by major segment
(in million U.S. dollars)
Characteristic
Trucks
Construction equipment
Buses
Volvo Penta
USD FY 2022
29,781.1
9,615.24
1,782.15
1,736.02
Created with Highcharts 7.2.2Net sales in million U.S. dollars1,736.021,736.021,782.151,782.159,615.249,615.2429,781.129,781.1TrucksConstruction equipmentBusesVolvo PentaUSD FY 2022
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Volvo. (February 25, 2022). Volvo Group's global net sales in FY 2022, by major segment (in million U.S. dollars) [Graph]. In Statista. Retrieved May 22, 2025, from https://www.statista.com/statistics/267261/share-of-segments-on-volvos-global-net-sales/
Volvo. "Volvo Group's global net sales in FY 2022, by major segment (in million U.S. dollars)." Chart. February 25, 2022. Statista. Accessed May 22, 2025. https://www.statista.com/statistics/267261/share-of-segments-on-volvos-global-net-sales/
Volvo. (2022). Volvo Group's global net sales in FY 2022, by major segment (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 22, 2025. https://www.statista.com/statistics/267261/share-of-segments-on-volvos-global-net-sales/
Volvo. "Volvo Group's Global Net Sales in Fy 2022, by Major Segment (in Million U.S. Dollars)." Statista, Statista Inc., 25 Feb 2022, https://www.statista.com/statistics/267261/share-of-segments-on-volvos-global-net-sales/
Volvo, Volvo Group's global net sales in FY 2022, by major segment (in million U.S. dollars) Statista, https://www.statista.com/statistics/267261/share-of-segments-on-volvos-global-net-sales/ (last visited May 22, 2025)
Volvo Group's global net sales in FY 2022, by major segment (in million U.S. dollars) [Graph], Volvo, February 25, 2022. [Online]. Available: https://www.statista.com/statistics/267261/share-of-segments-on-volvos-global-net-sales/
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