Volvo Will Monetize Autonomous Vehicles Before Driver Data, CEO Hakan Samuelsson Says
Volvo CEO Hakan Samuelsson is betting his company will make more money selling connected, autonomous cars to consumers and robo-taxi fleets, rather than taking a cut of the higher margin business of selling data-driven services inside the vehicle.
Mack, Volvo Enhance Over-the-Air Software Update Capabilities
Mack Trucks and Volvo Trucks have improved upon their over-the-air feature, which allows for updates to occur while a driver has downtime, such as while at a rest stop or home.
October 22, 2018AB Volvo Posts Record Third Quarter, Higher Income and Revenue
AB Volvo notched a 38% gain in net income as record third-quarter revenue was lifted by stronger truck orders and deliveries.
Volvo Exhibits Autonomous Vera Concept
HANOVER, Germany — Volvo Trucks exhibited an autonomous truck concept that entirely removes the cab from the tractor and highlighted its investments in electric vehicles at the IAA Commercial Vehicles show.
Volvo Profits Jump 47% on Sales Growth
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.
Volvo, FedEx Team on Live Platooning in North Carolina
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.
Volvo Sees New South Carolina Plant as Hedge Against Tariffs
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.
Volvo Says Companies Face ‘Overtaxation’ as Regulations Emerge Worldwide
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.
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.
May 7, 2018VTNA President Göran Nyberg Moves to VW Bus and Truck Division
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.