Volvo Group has been ordered to pay penalties of about $91 million by the U.S. Court of Appeals for the District of Columbia in a case involving engine-emission compliance, the company said.
July 21, 2014Business
Daimler, Volvo Truck Units 2Q Profits Up, Led by Growth in North American Market
The truck divisions of Daimler AG and Volvo AB reported stronger financial results for the second quarter, driven in large part by growth in the North American market.
July 28, 2014Business
Volvo Trucks, Telogis to Offer Fleet Services With Factory-Installed Telematics Systems
Volvo Trucks and Telogis said they have teamed to offer integrated fleet-management services that use factory-installed telematics hardware.
July 21, 2014Business
Volvos Second-Quarter Profit Rises
Volvo ABs second-quarter operating profit rose, aided by a company program designed to lower operating costs.
July 18, 2014Business
Scott Rafkin Named President of Volvo Financial Services
Scott Rafkin has been appointed president of Volvo Financial Services, effective July 1, the company announced.
June 27, 2014Business
Volvo to Invest $69 Million in Va. Truck Plant
Volvo Trucks said it is investing $69 million to upgrade equipment at its New River Valley truck assembly plant in Dublin, Virginia.
June 26, 2014Business
Volvos North American Deliveries Rise 13% in May
Volvo Groups North American heavy-duty truck deliveries rose 13% in May from the same month last year, the company reported June 18.
June 18, 2014Business
Volvo Trucks Launches Dual Clutch for Heavy Vehicles
Sweden-based Volvo Group said its European division, Volvo Trucks, is launching a first-of-its-kind transmission with a dual clutch system for its heavy vehicles.
June 17, 2014Business
Watch the Volvo Trucker Video That Won Five Telly Awards
I am a Volvo Trucker, says a video that tells the story of modern truck drivers passion for trucks and breaks down stereotypes associated with the profession. The video recently received five Telly awards for creative excellence.
June 13, 2014Business
Volvo to Build Parts Distribution Center in Mississippi
Volvo Group said it is building a 1 million-square-foot parts distribution center in Byhalia, Mississippi, the Associated Press reported.
May 22, 2014