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Basic Search  |  Geographic Searches  |  Advanced Search | Megadeals

Subsidy Tracker Parent Company Summary

Parent Company Name: Volvo
Ownership Structure: publicly traded
Headquartered in: Sweden
Major Industry: motor vehicles
Specific Industry: motor vehicles
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$98,530,17345
Federal (grants and allocated tax credits)$189,140,13839
TOTAL$287,670,31184
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$43,461,55437
TOTAL$43,461,55437
Time Period for State and Local Awards: Earliest year of data: 1999. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page here.

Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Virginia$61,300,0005
North Carolina$17,775,87310
Maryland$11,412,42416
Pennsylvania$7,274,87611
Florida$767,0003

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.

Download results as CSV or XML or Save your search (Click here for information on download subscriptions)
CompanyLocationSubsidy SourceYearSubsidy Value sort icon . Loan/Bailout ValueType of Subsidy
VOLVO TECHNOLOGY OF AMERICA, LLCUnited Statesfederal2021$59,400,000federal grant
Volvo Trucks North AmericaVirginiastate1999$54,200,000MEGADEAL
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2018$22,735,806federal grant
VOLVO TECHNOLOGY OF AMERICA, LLCUnited Statesfederal2021$19,400,000federal grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2018$11,800,000federal grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2019$11,800,000federal grant
Mack Trucks, Inc.North Carolinastate2008$11,374,000grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2018$7,800,000federal grant
VOLVO TECHNOLOGY OF AMERICA, LLCUnited Statesfederal2022$7,571,512federal grant
Mack Trucks, Inc.Marylandstate2016$5,500,000tax credit/rebate
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2016$5,000,000federal grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2021$4,869,889federal grant
Volvo Construction EquipmentNorth Carolinastate2006$4,006,000grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2020$3,799,536federal grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2021$3,799,536federal grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2022$3,799,536federal grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2012$3,428,165federal grant
Volvo Trucks North AmericaVirginiastate2007$3,000,000grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2011$2,875,946federal grant
MACK TRUCKS INCUnited Statesfederal2007$2,750,000federal grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2012$2,500,000federal grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2014$2,199,739federal grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2013$2,089,543federal grant
Mack Trucks Inc.Marylandstate2003$2,000,000grant/loan hybrid program
Mack Trucks Inc.Marylandstate2009$2,000,000grant/loan hybrid program
MACK TRUCKS INCUnited Statesfederal2010$2,000,000federal grant
Volvo Trucks North AmericaVirginiastate2015$2,000,000grant
Volvo Trucks North AmericaVirginiastate2017$2,000,000grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2014$1,864,000federal grant
Mack Trucks, Inc.Pennsylvaniastate2015$1,304,254tax credit/rebate
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2012$1,140,933federal grant
VOLVO TECHNOLOGY OF AMERICA, INC United Statesfederal2015$1,125,668federal grant
Mack Trucks, Inc.Pennsylvaniastate2014$1,000,321tax credit/rebate
Volvo Road Machinery, Inc.Pennsylvaniastate$1,000,000grant
Volvo Road Machinery, Inc.Pennsylvaniastate$1,000,000grant
MACK TRUCKS INCUnited Statesfederal2009$1,000,000federal grant
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2011$955,140federal grant
Volvo Road Machinery, Inc.Pennsylvaniastate$900,000tax credit/rebate
Mack Trucks, Inc.Pennsylvaniastate2016$800,418tax credit/rebate
VOLVO TECHNOLOGY OF AMERICA, INCUnited Statesfederal2012$750,060federal grant
Mack Trucks, Inc. North Carolinastate2013$580,350tax credit/rebate
MACK TRUCKS INCUnited Statesfederal2007$560,000federal grant
Mack Trucks, Inc. North Carolinastate2015$509,430tax credit/rebate
Mack Trucks, Inc.North Carolinastate2011$477,163tax credit/rebate
MACK TRUCKS INCUnited Statesfederal2007$450,000federal grant
Volvo Trucks North America, Inc.North Carolinastate2008$375,448tax credit/rebate
Volvo Parts N. Am. Floridalocal2005$351,000grant
Mack Trucks, Inc.Pennsylvaniastate2008$302,585tax credit/rebate
Mack Trucks, Inc.Marylandstate2007$301,994tax credit/rebate
Mack Trucks, Inc.Pennsylvaniastate$300,000training reimbursement
Mack Trucks, Inc.North Carolinastate2019$272,220tax credit/rebate
Volvo Parts North America, LLCFloridastate2005$260,000grant
MACK TRUCKS INCUnited Statesfederal2006$259,126federal grant
Volvo Road Machinery, Inc.Pennsylvaniastate$250,000training reimbursement
MACK TRUCKS INCUnited Statesfederal2008$250,000federal grant
MACK TRUCKS INCUnited Statesfederal2005$216,376federal grant
Volvo Road Machinery, Inc.Pennsylvaniastate$213,000tax credit/rebate
Volvo Road Machinery, Inc.Pennsylvaniastate$204,298training reimbursement
MACK TRUCKSUnited Statesfederal2002$204,104federal grant
MACK TRUCKSUnited Statesfederal2002$195,896federal grant
Mack Trucks, Inc.Marylandstate2012$184,946tax credit/rebate
Mack Trucks, Inc.Marylandstate2014$184,946tax credit/rebate
MACK TRUCKS, INC.Marylandstate2021$180,451tax credit/rebate
Mack Trucks, Inc.Marylandstate2020$157,842tax credit/rebate
Volvo Parts North America, LLCFloridastate2005$156,000tax credit/rebate
Mack Trucks, Inc.Marylandstate2019$147,492tax credit/rebate
Mack Trucks, Inc.Marylandstate2011$144,912tax credit/rebate
MACK TRUCKS INCUnited Statesfederal2005$135,512federal grant
VOLVO TRUCKSUnited Statesfederal2004$129,766federal grant
Mack Trucks, Inc.Marylandstate2018$124,278tax credit/rebate
Mack Trucks, Inc.Marylandstate2017$107,123tax credit/rebate
Mack Trucks, Inc.Marylandstate2015$106,650tax credit/rebate
Mack Trucks, Inc.Marylandstate2016$103,761tax credit/rebate
Mack Trucks, Inc./ Volvo PowertrainMarylandstate2009$100,000training reimbursement
Volvo Trucks North AmericaVirginiastate2018$100,000grant
MACK TRUCKS INCUnited Statesfederal2005$98,850federal grant
MACK TRUCKS INCUnited Statesfederal2007$90,000federal grant
Volvo Group North America, Inc.North Carolinastate2010$79,609tax credit/rebate
Mack Trucks, Inc.Marylandstate2021$68,029tax credit/rebate
Mack Trucks, Inc.North Carolinastate2018$62,722tax credit/rebate
MACK TRUCKS INCUnited Statesfederal2007$50,000federal grant
Mack Trucks, Inc.North Carolinastate2017$38,931tax credit/rebate
MACK TRUCKS INCUnited Statesfederal2005$33,624federal grant
MACK TRUCKS INCUnited Statesfederal2006$11,875federal grant
Mack Trucks, Inc.United Statesfederal2009$8,581,600federal loan or loan guarantee
Mack Trucks, Inc.United Statesfederal2013$4,457,502federal loan or loan guarantee
Mack Trucks, Inc.United Statesfederal2010$3,419,021federal loan or loan guarantee
Volvo Road Machinery IncUnited Statesfederal2009$3,130,141federal loan or loan guarantee
Volvo Group North America, Inc.United Statesfederal2007$2,507,891federal loan or loan guarantee
Mack Trucks Inc.United Statesfederal2017$2,020,349federal loan or loan guarantee
Mack Trucks Inc.United Statesfederal2017$2,018,414federal loan or loan guarantee
Mack Trucks, Inc.United Statesfederal2010$1,730,260federal loan or loan guarantee
Mack Trucks, Inc.United Statesfederal2014$1,560,919federal loan or loan guarantee
Mack Trucks, Inc.United Statesfederal2014$1,095,517federal loan or loan guarantee
Mack Trucks Inc.United Statesfederal2019$1,043,991federal loan or loan guarantee
Mack Trucks, Inc.United Statesfederal2011$959,663federal loan or loan guarantee
Volvo Construction Equipment North America, LlcUnited Statesfederal2012$900,000federal loan or loan guarantee
Volvo Construction Equipment North America, LlcUnited Statesfederal2012$900,000federal loan or loan guarantee
Volvo Group North America, Inc.United Statesfederal2007$864,460federal loan or loan guarantee
Mack Trucks, Inc.United Statesfederal2011$789,431federal loan or loan guarantee
Mack Trucks Inc.United Statesfederal2020$570,602federal loan or loan guarantee
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