Business, Equipment

Volvo Rides Higher Truck Revenue to First-Quarter Gains

Volvo truck Volvo Trucks North America

AB Volvo reported first-quarter net income and revenue rose as it brought in more money from truck sales in all markets.

Roger Gilroy | Staff Reporter
April 24, 2019
Business, Technology

Truckmaker Volvo Gains After Profit Surge Offsets Order Slowdown

Volvo Ore Huiying/Bloomberg News

Volvo Group rose after a jump in first-quarter profit helped to quell fears that demand is weakening in key markets.

Niclas Rolander | Bloomberg News
April 24, 2019
Business, Technology, Safety

Volvo Unveils Parameter Plus Updates

Parameter Plus The new Parameter Plus package leverages Volvo’s factory-built embedded telematics platform and allows over-the-air updates to be completed during a short meal or operational break virtually anywhere cellular connection is available. (Volvo Trucks)

Volvo Trucks announced its Parameter Plus package, which allows for up to 50 parameter updates over-the-air annually per covered vehicle.

March 25, 2019
Technology, Autonomous

Volvo Self-Driving Buses Set for Singapore

Volvo Ore Huiying/Bloomberg News

Volvo AB is ready to start trialing full-size driverless buses in Singapore, helping the city state take a step forward in the race to deploy autonomous public transport.

Kyunghee Park | Bloomberg News
March 5, 2019
Business, Technology, Autonomous

Autonomous Advancements Present Opportunities for Drivers, Experts Say

Lytx From left, panelists Alden Woodrow, Jenny Elfsberg and Ognen Stojanovski. (Joe Howard/Transport Topics)

SAN DIEGO — Autonomous mobility experts said that the technology can open up new opportunities for drivers, noting that as progress on greater levels of automation expands over time, drivers will have chances to capitalize on that change.

Joe Howard | Executive Editor
February 26, 2019
Business, Technology, Equipment

Volvo’s First Electric Trucks Put to Work

Volvo The Volvo FL Electric. (Volvo Trucks)

Volvo Trucks delivered its first all-electric vehicles to two companies operating in Sweden.

February 20, 2019
Business, Equipment

Volvo Group Announces Oklahoma City Facility for Recycled, Renovated Parts

The Volvo Group is opening a Dex Heavy Duty Parts site in Oklahoma City, according to a Feb. 4 press release. Dex, a subsidiary of Volvo and a supplier of recycled, renovated and surplus medium- and heavy-duty truck parts, also operates a site in Advance, N.C.

February 5, 2019

Volvo Reports Mixed 4Q Results

Volvo logo on a truck grille Justin Ide/Bloomberg News

Volvo Group reported fourth-quarter revenue rose as net income fell, while higher worldwide truck orders and deliveries increased both revenue and net income for the full year.

Roger Gilroy | Staff Reporter
February 1, 2019
Business, Technology, Fuel

Volvo Group Venture Capital Invests in Wireless Electric Charging

Wireless Electric Charging A truck backs onto a Momentum Dynamics charger. (Momentum Dynamics via YouTube)

Volvo Group Venture Capital AB, a subsidiary of Volvo Group, announced it has invested an undisclosed amount in Momentum Dynamics Inc., which provides high-power wireless charging systems for the automotive and transportation industries.

Roger Gilroy | Staff Reporter
January 18, 2019
Government, Business, Technology, Equipment

Volvo Trucks to Take $780 Million Charge Over Emissions Flaw

Volvo Truck Bloomberg News

Volvo AB, the world’s second-largest truck maker, will set aside $780 million (7 billion kronor) to address a faulty emissions-control component that’s worn out more quickly than expected.

Anthony Palazzo and Niclas Rolander | Bloomberg News
January 4, 2019