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AU 24188 | Enterprise Profile

Volvo Group Australia Pty Ltd

IW
IBISWorld Research Department
Analyst Australia

Volvo is a Proprietary Company that generates the majority of its income from the Commercial Vehicle Wholesaling industry. In 2024 the company generated total revenue of $2,329,962,000 including sales and other revenue. In 2024 Volvo had 1,407 employees including employees from all subsidiaries under the company's control. The Chief Executive of Volvo is Mr Gary Bone whose official title is Vice President Volvo Trucks. The Chairman of Volvo is Mr Martin Merrick whose official title is President. Volvo Group Australia Pty Ltd imports, assembles and distributes heavy trucks, buses and associated spare parts. Volvo Group Australia Pty Ltd provides the following vehicles: Volvo FH16 Volvo FH Volvo FMX Volvo FM Volvo FE Used trucks Waste truckThe company's brands include: Volvo - Trucks, buses and road machinery Volvo Penta - Industrial engines Rokbak Renault Trucks Prevost - Buses Nova - Bus MACK - Trucks Arquus SDLG - Road machinery Milence Eicher - Trucks Dongfeng Trucks CellcentricVolvo Group Australia Pty Ltd also provides vehicle servicing and financing services.

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What's included in this industry analysis

IBISWorld's research coverage on the Volvo Group Australia Pty Ltd includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.

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Company Details

What’s this enterprise profile about?

Volvo Group Australia Pty Ltd, trading as Volvo, operates under the ABN 27 000 761 259 and was incorporated on 06 March 1970. Volvo Group Australia Pty Ltd primarily operates in the Mining and Industrial Machinery Wholesaling industry in Australia.

Key Personnel

What’s included in the Key Personnel chapter?

The Key Personnel chapter outlines the principal leadership positions within Volvo Group Australia Pty Ltd, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.

Financials

What’s included in the Financials chapter?

The Financials chapter presents Volvo Group Australia Pty Ltd’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.

Growth & Ratios

What’s included in the Growth & Rations chapter?

The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.

Operating Segments

What’s included in the Operating Segments chapter?

The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Volvo Group Australia Pty Ltd operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.

Competitor Benchmarking

What’s included in the Competitor Benchmarking chapter?

The Competitor Benchmarking chapter includes a comparative assessment of Volvo Group Australia Pty Ltd’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.

Industries of Operation

What’s included in the Industries of Operation chapter?

The Industries of Operation chapter outlines Volvo Group Australia Pty Ltd’s market share across the industries in which it operates. Each industry profile includes a comprehensive overview featuring data on total market size, the number of enterprises, industry concentration levels, and overall turnover. This analysis provides context for the company’s competitive position and scale within each relevant market.

Shareholders

What’s included in the Shareholders chapter?

The Shareholders chapter provides a breakdown of the ownership structure of Volvo Group Australia Pty Ltd, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.

Subsidiaries

What’s included in the Subsidiaries chapter?

The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Volvo Group Australia Pty Ltd. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.

History

What’s included in the History chapter?

The History chapter presents a overview of Volvo Group Australia Pty Ltd’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.

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Frequently Asked Questions

What is Volvo Group Australia Pty Ltd?

Volvo Group Australia Pty Ltd imports, assembles and distributes heavy trucks, buses and associated spare parts. Volvo Group Australia Pty Ltd provides the following vehicles: Volvo FH16 Volvo FH Volvo FMX Volvo FM Volvo FE Used trucks Waste truckThe company's brands include: Volvo - Trucks, buses and road machinery Volvo Penta - Industrial engines Rokbak Renault Trucks Prevost - Buses Nova - Bus MACK - Trucks Arquus SDLG - Road machinery Milence Eicher - Trucks Dongfeng Trucks CellcentricVolvo Group Australia Pty Ltd also provides vehicle servicing and financing services.

What industry does Volvo Group Australia Pty Ltd operate in?

Volvo Group Australia Pty Ltd, trading as Volvo, is a Private Company that generates the majority of its income from the Mining and Industrial Machinery Wholesaling industry in Australia.

Where is Volvo Group Australia Pty Ltd located?

Murray Cod Australia Limited company is based at 41 Bivouac Place, Wacol, Queensland, Australia.

Who is the CEO of Volvo Group Australia Pty Ltd?

The Vice President Volvo Trucks of Volvo Group Australia Pty Ltd is Martin Merrick and the Vice President Volvo Trucks is Gary Bone.

What was Volvo Group Australia Pty Ltd’s revenue in 2025?

In 2025, Volvo Group Australia Pty Ltd generated total revenue of approximately $2.3 billion.

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