Volvo News Updates

Business

Volvo’s 1Q Profit Rises on Higher North American Truck Sales

Volvo AB reported a first-quarter profit, as its North American truck sales jumped.

April 26, 2012
Business

Volvo’s 4Q Profit Rises; Sees Continued Strength in North American Truck Market

Volvo AB held estimates for North American and European truck markets this year as sales growth helped boost its fourth-quarter operating profit 26%, Bloomberg reported.

February 6, 2012
Business

Volvo, Mack Name North American Executives

Volvo Trucks and Mack Trucks named new presidents of their respective North American sales and marketing divisions, effective Jan. 1.

December 20, 2011
Business

Volvo Names New Chairman

Volvo AB named Carl-Henric Svanberg its new chairman, Bloomberg reported Monday.

December 12, 2011
Business

Volvo’s North American Deliveries Rise 43%

Volvo AB’s North American truck deliveries rose 43% in October from a year ago, to 4,045 units, the company said Wednesday.

November 16, 2011
Business

Volvo Expects Reorganization of Truck Business to Boost Margin

Volvo AB said its operating margin should eventually grow by 3% as a result of the reorganization of its truck division, Bloomberg reported.

November 9, 2011
Business

Volvo’s 3Q Earnings Jump; Predicts 20% Growth in North American Sales

Volvo AB’s third-quarter profit jumped 36% and the company predicted industrywide heavy-duty truck sales in North America will rise 20% next year, Bloomberg reported Tuesday.

October 25, 2011
Business

Volvo Plans Truck Investments in China, India

Volvo AB is planning investments in India and China to bolster its truck business and meet demand from those markets, Bloomberg reported Monday, citing a company executive.

October 24, 2011
Business

Volvo Offers New Powertrain Package for VN Trucks

Volvo Trucks North America said it was introducing a new powertrain package for its VN series tractors aimed at reducing fuel consumption by up to 3%.

October 5, 2011
Business

Volvo to Restructure Global Truck Business

Volvo AB said it will reorganize its truck business and named a new chief financial officer, Bloomberg reported Tuesday.

October 4, 2011