Volvo Group doubled net income for the second quarter to 5.19 billion Swedish krona ($597 million), led by stronger profits and rising sales in its truck business.
July 17, 2015Business
Volvo’s North American Deliveries Surge 22%
Volvo Group’s North American truck deliveries rose 22% in May from the same month last year, the company reported June 18.
June 18, 2015GovernmentBusiness
High Court Won't Hear Volvo Subsidiary's Appeal of $72 Million EPA Fine
The U.S. Supreme Court on June 15 declined to hear an appeal brought by a Volvo Group subsidiary over a $72 million fine issued by the Environmental Protection Agency.
June 16, 2015Business
Volvo Group Says it Reached Energy-Efficiency Goal Five Years Early
Volvo Group North America said it has reduced energy consumption at its eight U.S. manufacturing plants by 26.8% compared with 2009 levels, achieving its efficiency goal under the U.S. Department of Energy’s Better Buildings Challenge five years early.
June 5, 2015Business
Volvo’s North American Deliveries Rise 18%
Volvo Group’s North American truck deliveries rose 18% in April from a year ago, the company said.
May 22, 2015Business
Notebook: Volvo Connects Ocean With Trucking, Touts Growing Market Share
NEWPORT, R.I. — Trucking and an ocean race may not immediately seem like a natural combination. However, the two have proved to be a perfect match.
May 20, 2015Business
Volvo Execs Share Concerns Over Expected GHG Proposal
NEWPORT, R.I. — Göran Nyberg, president of Volvo Trucks in North America, said there is one key element the federal government should remember as it finalizes its new greenhouse-gas emissions rule proposal for heavy-duty trucks.
May 19, 2015Business
Volvo Details 2016 Fuel-Economy Gains, SuperTruck Development
NEWPORT, R.I. — Executives with Volvo Trucks said model-year 2016 trucks will offer higher fuel economy through continued aerodynamic and powertrain adjustments.
May 18, 2015Business
Volvo's First Quarter Sales Increase, But Foreign Exchange Creates a Drag
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.
April 23, 2015Business
Olof Persson Out at Volvo AB, Scania Exec Tapped as Replacement
Volvo AB, under shareholder pressure to boost profit margins, ousted CEO Olof Persson as the world’s second-largest truck maker seeks to revamp strategy amid tougher competition.
April 22, 2015