Mission & vision

History

1959

  • Finance activities begin in each Volvo Group product company 1994
  • Customer and dealer financing declared a core competency for the Volvo Group
  • Customer finance operations developed as separate entities

2000

  • VFS established as a Business Unit in the Volvo Group

2001

  • VFS established as a Volvo Group Business Area

2002

  • Mack Financial Services and Renault Trucks Financial Services established

2008

  • Managed assets reached SEK 100 billion

2009

  • UD Trucks Financial Services established

2010

  • Three VFS Regions formedĀ  to increase alignment within the Volvo Group

2013

  • SDLG Financial Services established for export markets

2015

  • Today, serving all Volvo Group brands with customer financing in over 40 markets and growing
  • Eicher Financial Services established