Volvo AB designs, manufactures and markets commercial vehicles. It operates through the following segment: Construction Equipment, Buses, Volvo Penta, Governmental Sales, and Volvo Financial Services. The Constructional Equipemnt segment manufactures a number of different types of equipment for construction applications and related industries. The Buses segment provides city and intercity buses, coaches and chassis. The Volvo Penta segment markets marine and industrial engines. The Governmental Sales segment covers sales to government agencies and organizations. The Volvo Financial Services segment delivers financial solution to Volvo Group customers. The company was founded by Assar-Thorvald Nathanael-Gabrielsson and Erik Gustaf Larson in 1915 and is headquartered in GÃ¶teborg, Sweden.