Volvo Trucks delivered its first all-electric vehicles to two companies operating in Sweden.
February 20, 2019BusinessEquipment
Volvo Group Announces Oklahoma City Facility for Recycled, Renovated Parts
The Volvo Group is opening a Dex Heavy Duty Parts site in Oklahoma City, according to a Feb. 4 press release. Dex, a subsidiary of Volvo and a supplier of recycled, renovated and surplus medium- and heavy-duty truck parts, also operates a site in Advance, N.C.
February 5, 2019Business
Volvo Reports Mixed 4Q Results
Volvo Group reported fourth-quarter revenue rose as net income fell, while higher worldwide truck orders and deliveries increased both revenue and net income for the full year.
February 1, 2019BusinessTechnologyFuel
Volvo Group Venture Capital Invests in Wireless Electric Charging
Volvo Group Venture Capital AB, a subsidiary of Volvo Group, announced it has invested an undisclosed amount in Momentum Dynamics Inc., which provides high-power wireless charging systems for the automotive and transportation industries.
January 18, 2019GovernmentBusinessTechnologyEquipment
Volvo Trucks to Take $780 Million Charge Over Emissions Flaw
Volvo AB, the world’s second-largest truck maker, will set aside $780 million (7 billion kronor) to address a faulty emissions-control component that’s worn out more quickly than expected.
January 4, 2019BusinessTechnologyFuel
Volvo Trucks to Introduce All-Electric Version of VNR Model
WASHINGTON — Volvo Trucks will bring electric-powered commercial trucks to North America in 2019 by introducing a battery-electric version of its VNR regional haul model.
December 11, 2018BusinessTechnologyAutonomous
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.
November 28, 2018BusinessTechnology
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, 2018GovernmentBusinessTechnology
AB 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.
October 22, 2018BusinessTechnologyEquipmentAutonomous
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.
September 20, 2018