Volvo News Updates

Business

Volvo Group Ends Production of 16L Engines in North America

Choices for the largest diesel truck engines are thinning as Volvo Trucks North America and Mack Trucks are getting out of the 16-liter business.

February 6, 2017
Business

Volvo Results Improve for Quarter, Dip for Year

Original equipment manufacturer Volvo AB reported a fourth quarter of improving revenue and net income to cap off a 2016 characterized by modest declines due to soft business conditions.

February 1, 2017
Business

Volvo Trucks North America Cancels Planned Layoffs at Virginia Factory

Volvo Trucks North America has canceled plans to lay off 500 second-shift employees from its New River Valley truck assembly plant in Dublin, Virginia, citing improving inventory levels.

January 26, 2017
Business

Volvo Discontinues D16 Engine

Volvo Trucks North America announced it has discontinued North American production of the 16-liter Volvo D16 engine, effective immediately.

January 26, 2017
Business

Volvo Trucks Showcases Active Driver Assist; System Uses Alerts, Braking to Prevent Crashes

MOUNTVILLE, S.C. — Volvo Trucks North America showcased the next generation of collision- mitigation technology available on its trucks and touted the product offering as its latest effort to enhance road safety.

October 31, 2016
Business

Volvo Trucks Showcases Active Driver Assist; System Uses Alerts, Braking to Prevent Crashes

MOUNTVILLE, S.C. — Volvo Trucks North America showcased the next generation of collision-mitigation technology available on its trucks and touted the product offering as its latest move to enhance road safety.

October 27, 2016
Business

Volvo Group’s Third-Quarter Earnings, Sales Slide in Weaker Class 8 Market

Volvo Group reported third-quarter earnings and sales fell amid excessive Class 8 inventory in North America as orders and sales both dropped by more than 30%, compared with a very strong market in 2015.

October 21, 2016
Special Coverage, Business

Volvo, Mack Bemoan Current Sales Climate

LAS VEGAS — The two heavy-duty North American truck makers of Volvo Group continue to stoically gut out an unpleasant sales market but in anticipation of sunnier 2018 announced vehicle and service improvements for customers.

October 4, 2016
Business, Autonomous

Volvo Shows Off SuperTruck Entry to Energy Secretary Ernest Moniz

WASHINGTON — Volvo Trucks North America unveiled its version of SuperTruck for inspection here by Energy Secretary Ernest Moniz on Sept. 13, saying its VNL 670 highway tractor demonstrates an 88% gain in freight efficiency and an extra 70% in fuel efficiency.

September 13, 2016
Business

Volvo Group Earnings, Revenue Fall in Second-Quarter and Six-Month Periods

Volvo Group reported earnings and net sales fell in the second quarter and six-month periods, citing the slowdown in the North American truck market as a key factor that led to a plunge in orders.

July 26, 2016