Volvo Group

1  -  7  of  7

July 19, 2015

North America Helps Drive Volvo Profit Higher

The parent to Volvo Trucks North America, Sweden’s Volvo Group, saw its second quarter net income double from a year ago, due in part to increased North American sales.

April 27, 2015

Volvo Invests in Platooning Technology

A Volvo Group subsidiary is investing in Peloton Technology, which is working on a truck "platooning" system that would save fuel and reduce congestion by allowing trucks to travel in a close-following "platoon" on the highway.

April 22, 2015

Persson Out, Scania’s Lundstedt in as Volvo Group’s Chief

AB Volvo’s board of directors has named a Scania executive, Martin Lundstedt, as the president and chief executive officer of the Volvo Group, replacing Olof Persson, who has led the group for almost four years but is out immediately. Volvo Group is the corporate parent of Volvo Trucks and Mack Trucks in North America.

February 3, 2015

Volvo CEO to Speak At HMDA Annual Breakfast

Volvo Group CEO Olaf Persson will be the keynote speaker for the Heavy Duty Manufacturers Association’s 25th Annual Breakfast and Briefing.

January 5, 2015

Volvo Acquires 45 Percent of Chinese Truck Manufacturer

AB Volvo completed the purchase of 45% of Chinese automotive manufacturer Dongfeng Commercial Vehicles, first announced two years ago.

May 22, 2014

Volvo Building Central Parts Distribution Center in Mississippi

The Volvo Group will build a 1-million-square-foot central parts distribution center in Byhalia, Miss., to support its Mack, Volvo and UD truck brands, as well as the Volvo Construction Equipment brand and Volvo Penta marine business.

October 16, 2013

Volvo Restructuring Truck Manufacturing in Europe

The Volvo Group will restructure its truck-manufacturing activities in Europe over the next two years, improving efficiency and cutting its workforce, as it implements part of a new group-wide efficiency program.

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