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Volvo AB cut its outlook for the North American truck market for the third time this year after stagnant freight volumes and excess inventory drove orders in the region down by nearly one-third in the second quarter.

SHIPPENSBURG, Pa. — Managers of Volvo Trucks North America talked up the improved fuel efficiency and increased driver productivity of their new crawler-gear option on the I-Shift automated manual transmission designed for applications where very slow speeds are used.

Volvo Trucks announced that it has developed a new concept heavy-duty vehicle with support from the Swedish Energy Agency that offers almost one-third lower fuel consumption.

Volvo Trucks North America announced that it will cut production further in August as it adjusts to a period of reduced demand for its longhaul trucks.

More than 800 of the Volvo trucks recalled by the company March 23 remained unaccounted for April 26, the Federal Motor Carrier Safety Administration announced.

European truckmakers Daimler AG and Volvo Group reported lower net income for the first quarter amid a softer North American market.

HAGERSTOWN, Md. — Volvo Trucks North America last week introduced a suite of new products, including 2017 engines and powertrain enhancements, with the common goals of enhancing fuel efficiency and driver experience.

HAGERSTOWN, Md. — Volvo Trucks North America introduced a suite of new products, including 2017 engines as well as powertrain enhancements with the common goals of enhancing customers’ fuel efficiency and driver experience.

Volvo Trucks North America is recalling 15,835 of its 2016 and 2017 models in the United States and is urging fleets to take the trucks out of service immediately because the upper and lower steering shafts can separate, raising the possibility of a crash.