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Volvo Group reported fourth-quarter revenue rose as net income fell, while higher worldwide truck orders and deliveries increased both revenue and net income for the full year.

Volvo Group Venture Capital AB, a subsidiary of Volvo Group, announced it has invested an undisclosed amount in Momentum Dynamics Inc., which provides high-power wireless charging systems for the automotive and transportation industries.

Volvo AB, the world’s second-largest truck maker, will set aside $780 million (7 billion kronor) to address a faulty emissions-control component that’s worn out more quickly than expected.

WASHINGTON — Volvo Trucks will bring electric-powered commercial trucks to North America in 2019 by introducing a battery-electric version of its VNR regional haul model.

Volvo CEO Hakan Samuelsson is betting his company will make more money selling connected, autonomous cars to consumers and robo-taxi fleets, rather than taking a cut of the higher margin business of selling data-driven services inside the vehicle.

AB Volvo notched a 38% gain in net income as record third-quarter revenue was lifted by stronger truck orders and deliveries.

HANOVER, Germany — Volvo Trucks exhibited an autonomous truck concept that entirely removes the cab from the tractor and highlighted its investments in electric vehicles at the IAA Commercial Vehicles show.

Volvo AG reported second-quarter operating income of $1.4 billion, or 50 cents a share, a 47% increase from $939 million, or 32 cents, in the same period a year ago.

Volvo Trucks North America and FedEx Corp. demonstrated on June 27 a platooning system with three twin trucks on a stretch of Route 540 in North Carolina, one of 10 official test sites for driverless cars designated in 2017 by the U.S. Department of Transportation.