Volvo
Business, Equipment

Volvo Profits Jump 47% on Sales Growth

Volvo VNL A Volvo VNL 860 Sleeper on display at 2017 NACV by John Sommers II for Transport Topics.

Volvo AG reported second-quarter operating income of $1.4 billion, or 50 cents a share, a 47% increase from $939 million, or 32 cents, in the same period a year ago.

Burney Simpson | Staff Reporter
July 19, 2018
Business, Technology, Equipment, Safety

Volvo, FedEx Team on Live Platooning in North Carolina

Volvo platooning demonstration in North Carolina Volvo, in collaboration with FedEx Corp. and the North Carolina Turnpike Authority, demonstrates on-highway truck platooning on N.C. Route 540. (Volvo Trucks North America)

Volvo Trucks North America and FedEx Corp. demonstrated on June 27 a platooning system with three twin trucks on a stretch of Route 540 in North Carolina, one of 10 official test sites for driverless cars designated in 2017 by the U.S. Department of Transportation.

Burney Simpson | Staff Reporter
June 27, 2018
Government, Business, Equipment

Volvo Sees New South Carolina Plant as Hedge Against Tariffs

The Volvo S60 at the company’s first American manufacturing plant outside Charleston, S.C. (Volvo Cars)

When Volvo Car Group broke ground on its first U.S. assembly plant in 2015, it was a proud proof point for the Swedish automaker’s rebound and global expansion, not a chess move in anticipation of a possible trade war.

Gabrielle Coppola | Bloomberg News
June 20, 2018
Business

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
Business

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
Business

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

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