Pros
The Volvo Way is a proud concept which, when executed properly, would make Volvo a top company to work for. The benefits package is excellent, though impacted by recent economics. Expatriate opportunities exist for those in lower management and below. The complexity and visibility of the products makes the work very interesting.
Cons
Volvo top management has a very narrow world view focused on Sweden. Ideas inconsistent with this world view are actively discouraged even when consistent with regional market requirements. As a result, many strategic opportunities are missed and employees with broader world views and creative approaches find the environment frustrating. Volvo has actively developed a bureaucracy which makes rapid action and decision making difficult.