For the first time ever, Volvo Trucks is the market leader in Europe for heavy trucks, 16 tonnes and above.

In 2024, the company had an overall market share in Europe of 17.9%. 56,331 Volvo trucks were registered in the region. The markets with the most registered Volvo trucks during the year were the UK, France, Germany, Poland and Spain.

Increased market share in 25 countries
Globally, Volvo Trucks increased its market share in 25 countries in 2024. In Brazil, Volvo became the market leader in heavy trucks for the third year in a row with a market share of 23.7%. The company’s flagship, the Volvo FH, was the most-sold truck model of all brands in Brazil in 2024. In Australia, Volvo’s market share was 18.2%. In North America (US and Canada), Volvo Trucks had a market share of 10.5% (10.2% 2023).