Volvo Doubles Planned Job Cuts as 4Q Earnings Fall
Swedish truck-maker Volvo AB said it is more than doubling planned job cuts to 4,400 as its fourth-quarter operating income dropped 17% to 996 million kronor ($180.1 million).
February 6, 2014Volvo Trucks Opens Applications for Fleet Safety Award
Volvo Trucks is taking nominations for the Volvo Trucks Safety Award, an annual competition that honors two fleets with exceptional driving records.
January 29, 2014Volvo’s North American Truck Deliveries Grow in November
Volvo Group said it delivered 4,182 trucks in North America during November, a 19% increase over November 2012.
December 18, 2013Volvo to Sell Equipment Rental Unit for $1.1 billion
Volvo Group said it will sell its North American equipment rental subsidiary for $1.1 billion to equity firm Platinum Equity.
December 10, 2013Volvo’s Indian Joint Venture Launches Pro Series Trucks, Buses
Volvo Group’s India-based joint venture with Eicher Motors has launched the Pro Series of trucks and buses, which are designed specifically for India and similar markets.
December 2, 2013Volvo Unveils I-Shift for Mexican Market
GUADALAJARA, Mexico — Volvo Trucks announced that one of its largest Mexican fleet customers has become the first in this nation to begin using its I-Shift automated manual transmission.
November 18, 2013Volvo Introduces I-Shift Transmission to Mexico
GUADALAJARA, Mexico — Volvo Trucks and one of its largest Mexican fleet customers announced that the carrier is the first to adopt Volvo’s I-Shift automated manual transmission in this country, which Volvo said is part of its strategy to boost its presence in the Mexican truck market.
Volvo Trucks Offers ‘Optimized’ Regional Haul Models
Volvo Trucks has introduced its Optimized Series of trucks, designed to offer greater fuel efficiency and payload capacity for regional carriers.
October 29, 2013Volvo Reports Lower 3Q Profit
Swedish truck-maker Volvo AB saw its third-quarter operating income drop 18% to 2.4 billion kronor ($380 million).
October 25, 2013Tidewater Transit, MCO Transport Named Volvo Safety Award Winners
ORLANDO, Fla. — Two trucking fleets based in North Carolina were honored with the 2013 Volvo Truck Safety Award.