volvo ab

Business, Technology

The Urban Garbage Truck Gets a High-Tech Battery Makeover

Volvo's FE electric garbage truck. Volvo's FE electric garbage truck. (Volvo AB)

Automakers from Tesla Inc. to Ford Motor Co. are developing ever-sleeker, futuristic-looking electric cars. Volvo AB has something a little different in the race: the battery-powered garbage truck.

Stefan Nicola | Bloomberg News
February 11, 2020
Government, Business

Daimler, Volvo Win Dismissal of $950 Million Cartel Suit

A Mercedes-Benz Actros 1863 LS truck is displayed at Daimler AG's annual results press conference in Germany on Feb. 6, 2019. c A Mercedes-Benz Actros 1863 LS truck is displayed at Daimler AG's annual results press conference in Germany on Feb. 6, 2019. (Michaela Handrek-Rehle/Bloomberg News)

Daimler AG, Volvo AB and other truck makers won dismissal of a 867 million-euro ($950 million) lawsuit claiming customers were overcharged in a price-fixing cartel.

Karin Matussek and Tim Loh | Bloomberg News
February 7, 2020
Business, Fuel

Volvo Counting on Hybrid Cars to Pay Hefty CO2 Fines

The Volvo XC40 Recharge electric SUV is displayed during an event in Los Angeles in October 2019. The Volvo XC40 Recharge electric SUV is displayed during an event in Los Angeles in October 2019. (Patrick T. Fallon/Bloomberg News)

Volvo Car AB is counting on tripling sales of plug-in hybrid models this year as a way to avoid paying what could amount to hundreds of millions of euros in European penalties for the sale of its more polluting yet popular combustion-engine SUVs.

Niclas Rolander | Bloomberg News
January 27, 2020
Business, Technology

Volvo Exploring Closer Ties With Shareholder Geely in China

Volvo Volvo CEO, Martin Lundstedt (Krisztian Bocsi/Bloomberg News)

Volvo AB is exploring closer ties with Zhejiang Geely Holding Group Co. in China, in a sign the Swedish truckmaker and its largest investor are taking steps to collaborate.

Elisabeth Behrmann | Bloomberg News
April 9, 2019
Business, Technology, Equipment

Volvo: ‘Not Clear’ How Many North American Vehicles Are Affected by Component Issue

Grill of a Volvo VNL 740 John Sommers II for Transport Topics

Volvo Group said it could not yet determine the impact of a faulty component on its North American trucks as it was still evaluating the scope of the problem.

Joe Antoshak | Staff Writer
October 17, 2018
Business, Technology, Equipment

Volvo Group Uncovers Faulty Component in Emissions Setup

Volvo logo on a truck grille Volvo logo on a truck grille (Justin Ide/Bloomberg News)

Volvo, the world’s second-largest truckmaker, has uncovered a faulty component in the emissions-control setup of vehicles widely sold in Europe and the U.S., the manufacturer’s biggest markets.

Niclas Rolander | Bloomberg News
October 16, 2018
Business, Equipment, Logistics

Volvo May Be About to Surprise Its Investors, but in a Good Way

Volvo truck Volvo VNL by Volvo Trucks

Volvo AB, the world’s second-biggest maker of trucks, is about to increase its market value by about a fifth, if analyst estimates are to be believed.

August 17, 2018
Business, Equipment

Volvo Reports Higher Quarterly Net Income, Revenue as North American Orders Soar

Volvo trucks at a customer service center Volvo trucks at a Virginia customer service center. (Joe Howard/Transport Topics)

AB Volvo reported first-quarter net income and revenue increased despite supply chain constraints in North America’s surging truck market.

Roger Gilroy | Senior Reporter
April 24, 2018
Business, Equipment

China’s Geely Buying Stake in Swedish Truck Maker Volvo

Volvo Truck Volvo Truck Corporation

BEIJING — The Chinese owner of Sweden’s Volvo Cars is buying a stake in truck manufacturer AB Volvo, expanding a portfolio of vehicle brands that includes shares in Malaysia’s Proton and Britain’s Lotus.

December 27, 2017
Business

Volvo's First Quarter Sales Increase, But Foreign Exchange Creates a Drag

TT File Photo

Sweden-based manufacturer Volvo AB reported first-quarter increases in sales and net income, including at its truck-making operations — the second-largest in the world.

Jonathan S. Reiskin | Associate News Editor
April 23, 2015