Volvo AB’s fourth-quarter earnings fell, and the company predicted a “difficult” first quarter but said U.S. and European commercial-vehicle markets will likely recover later this year, Bloomberg News reported Wednesday.
February 6, 2013Special Coverage, Business
Volvo Expands Remote Diagnostics Service
LOUISVILLE, Ky. - Volvo Trucks said it has expanded its remote diagnostics tool as a standard feature on its entire North American product line.
March 11, 2013Business
Volvo’s January North American Truck Deliveries Drop 38%
Volvo AB said Wednesday its North American truck deliveries fell 38% in January from a year ago.
February 20, 2013Business
Volvo Trucks Names Jost International Its Standard Supplier of Fifth Wheels
Volvo Trucks said that fifth wheel coupling devices from Jost International will now be standard equipment on Volvo VN and VHD tractors manufactured at its Dublin, Va., plant, which assembles all Volvo trucks sold in North America.
February 15, 2013Business
Volvo Invests in DriveCam
The Volvo Group has invested in DriveCam, a San Diego-based driver risk-management firm, and will become a minority shareholder in the company, the two said.
February 13, 2013Business
Volvo’s 4Q Profit Drops
Business
Volvo to Invest Some $900 Million in Venture With China’s Dongfeng
Volvo AB has agreed to spend nearly $900 million to form a joint venture with China’s Dongfeng Motor Group Co. to expand Volvo’s presence in that country and become what it said would be the world’s largest maker of heavy-duty trucks.
February 4, 2013Business
Volvo Inks Truck Partnership With China’s Dongfeng
Volvo AB signed an agreement with China’s Dongfeng Motor Group Co. to acquire 45% of a new commercial-vehicles subsidiary of the Chinese company for about $900 million.
January 28, 2013Business
Volvo to Award Two Fleets $25,000 Each in Annual Safety Contest
Volvo Trucks said Wednesday it is again sponsoring the Volvo Trucks Safety Award, a contest that will award the two safest fleets in the U.S. and Canada with $25,000 each, to be used toward their safety-related activities.
January 23, 2013Business
Volvo Trucks to Take Restructuring Charge
Volvo Trucks announced on Tuesday the details of a restructuring charge related to the reorganization of its global businesses.
January 15, 2013Business
Volvo Trucks’ Nyberg Sees Opportunities in Additional Markets, Alternative Fuels
Göran Nyberg, Volvo Trucks’ new president of North American sales and marketing, pointed to opportunities in the regional and vocational markets, alternative fuel offerings and an expanding dealer network as keys to the company’s growth.
December 24, 2012