A name synonyms with luxury travel, Volvo is a world renowned Group is a Swedish multinational group based in the Swedish city of Gothenburg. The core activity of the group revolves around producing, distributing and selling trucks, buses, construction equipment and supplies. Volvo also specializes in supplying marine and industrial drive systems as well as financial services. In year 2016, it rose to the position of being the second-largest manufacturer of heavy-duty trucks around the world.