London, February 19, 2025, (Oilandgaspress) –––Volvo Trucks was the market leader in heavy trucks, 16 tonnes and above, in Europe with a market share of 17.9% in 2024. The markets with the most registered Volvo trucks during the year were 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).
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