Volvo Says Companies Face ‘Overtaxation’ as Regulations Emerge Worldwide

Liesa Johannssen/Bloomberg News

Multinational companies likely face “overtaxation” as new tax rules emerge around the world without proper resolution tools in place, the tax chief for AB Volvo said.

Sony Kassam | Bloomberg News
June 7, 2018

VTNA Offers Online Customization of VNR, VNL Models

Volvo Trucks North America has made available an online configurator tool for customizing eight new models in its VNR and VNL series.

Transport Topics
May 7, 2018
Business, Equipment

VTNA President Göran Nyberg Moves to VW Bus and Truck Division

Volvo Electric Truck Electric Volvo Truck (Volvo Trucks)

Göran Nyberg, the president of Volvo Trucks North America, has moved to Volkswagen AG’s European subsidiary MAN Truck & Bus, spurring Volvo to name a veteran to fill Nyberg’s role on an acting basis.

Burney Simpson | Staff Reporter
April 23, 2018
Business, Technology, Equipment, Autonomous

Volvo Unit UD Trucks Eyes Autonomous Vehicles to Ease Driver Shortage in Japan

Volvo Group

UD Trucks, a Japanese subsidiary of Swedish truck maker Volvo AB, plans to introduce electric and autonomous trucks within the next two years, joining global rivals in developing driverless technologies to ease a labor shortage.

Jie Ma | Bloomberg News
April 23, 2018
Business, Technology, Equipment

Volvo Begins Full Production of VNL 760 Model

New Volvo VNL 760 Volvo Group

Volvo Trucks North America announced it completed its transition from production of its legacy VNL 670 model to full production of the new VNL 760 designed for the longhaul market.

Transport Topics
April 3, 2018
Business, Technology

Volvo Rolls Out Remote Programming for Over-the-Air Vehicle Software Updates

Volvo's Conal Deedy Volvo's Conal Deedy by John Sommers II for Transport Topics

ATLANTA — Volvo Trucks said it has begun rolling out its Remote Programming feature for over-the-air vehicle software updates to help customers streamline maintenance and prevent vehicle downtime.

Seth Clevenger | Managing Editor, Features
March 6, 2018

AB Volvo Ends 2017 With Record Revenue

Volvo Truck John Sommers II for Transport Topics

Diversified truck manufacturer AB Volvo reported a surge in net income as well as record revenue for 2017 as truck demand remains high in Europe and is increasing in North America and Brazil.

Roger Gilroy | Staff Reporter
February 1, 2018
Business, Equipment

Volvo Sees Rising Global Truck Demand Straining Supply Chain

Justin Ide/Bloomberg News

Volvo AB boosted its forecast for truck markets in the U.S. and Europe this year as low fuel prices and interest rates push demand, a development that’s expected to put more strain on an already tight supply chain. The shares rose the most in three months.

Elisabeth Behrmann | Bloomberg News
January 31, 2018

Martin Weissburg Appointed President of Mack Trucks

Mack Trucks Joe Howard/Transport Topics

Martin Weissburg, currently president of Volvo Construction Equipment, will become president of Mack Trucks effective June 1, 2018.

Transport Topics
December 8, 2017
Business, Equipment

Truck Makers Point to Improving Market in 3Q

Mercedes Trucks Guenter Schiffmann/Bloomberg News

Truck makers highlighted growing demand for their equipment in third-quarter earnings reports even as they posted mixed results. One saw profitability slip but revenue climb, while two others reported an increase in net income and revenue.

Roger Gilroy | Staff Reporter
November 1, 2017