Volvo News Updates

Business

Volvo Reports 4Q Profit, Boosts 2011 Forecast

Volvo AB reported a fourth-quarter profit, boosted its 2011 truck-delivery forecast by 10% and said is considering assembling heavy trucks in China.

February 4, 2011
Business

Volvo’s November North American Deliveries Rise 71%

Volvo AB’s North American heavy-duty truck sales rose 71% in November from a year ago, the company said Wednesday.

December 15, 2010
Business

Volvo CEO to Resign Next Summer

Volvo AB CEO Leif Johansson will resign from his position next summer, Bloomberg reported Wednesday.

December 8, 2010
Business

Volvo’s October North American Deliveries Rise 61%

Volvo AB’s North American heavy-duty truck sales rose 61% in October from a year ago, the company said Wednesday.

November 17, 2010
Business

Volvo Reports 3Q Profit; North American Truck Sales Jump 38%

Volvo AB Friday reported a third-quarter profit compared with a loss a year ago, as North American and global truck sales both increased.

October 22, 2010
Business

Volvo Supports European Truck Emissions Regulations

The Volvo Group said it supports proposals to regulate truck emissions by the European Union, as long as the regulations consider trucks’ role transportation freight.

October 12, 2010
Business

Renault Sells $4.4 Billion Stake in Volvo

Renault SA, France’s second-largest automaker, is selling a 14.9% stake in Volvo AB valued at 3.15 billion euros, or about $4.4 billion, Bloomberg reported.

October 7, 2010
Business

Volvo’s North American Deliveries More Than Double in August

Volvo AB’s August North American heavy-duty truck sales jumped 151% from a year ago to 1,210 units, the company said Wednesday.

September 15, 2010
Business

Volvo’s North American Deliveries Jump

Volvo AB’s worldwide July deliveries more than doubled and its North American deliveries almost tripled from a year ago, the company said Wednesday.

August 25, 2010
Business

Volvo Recalling 270 Workers to Virginia Truck Plant

Volvo Trucks North America said it will recall 270 former employees to its New River Valley truck production plant in Virginia next month due to increased truck orders.

August 20, 2010