TopNews

Volvo Group

1  -  7  of  7

July 19, 2015 - Industry News

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.

Tags: Economy, Volvo Trucks, Earnings, Volvo Group

April 27, 2015 - Industry News

Volvo Invests in Platooning Technology

Photo: Peloton

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.

Tags: Self-Driving Vehicles, Volvo Group, Truck Platooning, Peloton Technology

April 22, 2015 - Industry News

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

Martin Lundstedt.  Photo: Sven-Erik Lindstrand

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.

Tags: Volvo Group, Volvo Trucks, Mack Trucks, People

February 3, 2015 - Industry News

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.

Tags: OEM, HDMA, Aftermarket, Volvo Group, Mid-America Trucking Show

January 5, 2015 - Global News

Volvo Acquires 45 Percent of Chinese Truck Manufacturer

Photo: Dongfeng Commercial Vehicles

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

Tags: China, DongFeng Commercial Vehicles, Volvo Group, Mergers & Acquisitions, Global

May 22, 2014 - Industry News

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.

Tags: Volvo Trucks, Aftermarket Parts, UD Trucks, Mack Trucks, Parts, Volvo Group

October 16, 2013 - Industry News

Volvo Restructuring Truck Manufacturing in Europe

The plant in Umea will be further specialized in its main core business, including the painting of cabs.

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.

Tags: Global, Volvo Group

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