Volvo CE sales inch up 1%, driven by Europe

Photo: Volvo Construction Equipment

Sales for the Swedish-based OEM increased by 1% to SEK 18,926m (US$2 billion) with the OEM adding that, adjusted for currency movements, net sales actually increased by 8%.

For the third quarter of 2025 sales increased in Europe and South America – the first time in more than a year that the total market in Europe grew, thanks to strong performances from major markets, such as Germany and the UK. 

Sales decreased in the third quarter of the year in North America, Asia and Africa and Oceania.

During the quarter Volvo CE saw completion of the SDLG divestment and the continuation of its biggest product launch to date.

“Despite a quarter characterized by global market uncertainty, we have continued to demonstrate resilience and deliver a solid performance throughout. The completion of the SDLG divestment allowed us to further sharpen our focus, capitalizing on our robust industrial presence in China while making substantial investments in our manufacturing footprint globally,” said Melker Jernberg, Head of Volvo CE.

“During the quarter, we also continued our largest-ever product launch, alongside the introduction of new services, now expanding to additional continents and markets.”

For the first nine months of the 2025 sales for Volvo CE are SEK 62,949m (US$6.6 billion) compared to SEK 66,108m (US$7 billion) in the first nine months of 2024.