Volvo News Updates

Business

Volvo Will Take Q3 Charge to End UD Truck Production for U.S.

Volvo Group said it will take a third-quarter restructuring charge of about $91.9 million for a cost reduction program in Japan and to end production in Japan of UD Trucks for the U.S. market.

September 25, 2012
Business

Volvo’s North American Deliveries Rise 6% in August

Volvo AB said its August North American truck deliveries rose 6% from a year ago.

September 18, 2012
Business

Volvo Exec Leaving Truck Division; Company Launching European Truck in September

Ron Huibers, Volvo Trucks’ president of sales and marketing in North America, is leaving the truck-making unit to become president of Volvo Penta Americas, which makes boat engines.

August 28, 2012
Business

Volvo, Paccar Plan Truck Production Cuts as North American Orders Remain Slow

Volvo Trucks and Paccar Inc. last week announced plans to cut production, citing a slowdown in North American Class 8 truck orders.

July 30, 2012
Business

Volvo’s Earnings Slip as Truck Sales Rise, Orders Decline

Volvo AB’s second-quarter adjusted earnings slipped 4.1%, as North American truck sales rose but orders fell, Bloomberg reported Tuesday.

July 24, 2012
Business

Volvo Says New Transmission Tech Produces 5% Fuel Savings

Sweden-based Volvo AB said its European division has developed a transmission technology that leads to 5% fuel savings.

July 3, 2012
Business

Volvo’s North American Deliveries Up 31% in May, as Mack’s Sales Jump 80%

Volvo AB said Monday its May North American heavy truck deliveries rose 31% from a year ago.

June 18, 2012
Business

Volvo Debuts Remote System of Diagnostics

Volvo Trucks North America has introduced a remote diagnostics aftermarket service that is intended to mitigate downtime for heavy trucks.

May 29, 2012
Business, Fuel

Volvo Trucks Planning 13-Liter LNG Engine

MIAMI — Volvo Trucks plans to introduce a  new 13-liter liquefied natural gas engine for its North American over-the-road customers in 2014, the latest development in the fast-growing move to natural gas products, company officials said Friday.

May 18, 2012
Business

Volvo’s April North American Deliveries Rise 39%

Volvo AB’s North American truck deliveries rose 39% in April from a year ago, the company said Wednesday.

May 16, 2012