The Volvo Group said it has agreed to sell some of its commercial real estate in Europe in a move that will generate additional income for its global truck business and other operations.
March 28, 2014Special CoverageBusiness
Volvo to Hire More to Meet Increasing Demand
LOUISVILLE, Ky. — Volvo Trucks is so confident the North American Class 8 market is growing that the original equipment manufacturer is hiring 200 more employees at its Dublin, Va., assembly plant.
March 27, 2014Business
Volvo’s North American Deliveries Jump 55%
Volvo Group’s North American heavy-duty truck deliveries jumped 55% in February from a year ago, the company said March 20.
March 20, 2014Special CoverageBusiness
Volvo’s 25,000th Truck With Remote Diagnostics Goes to Averitt
NASHVILLE, Tenn. — Volvo Trucks announced that its 25,000th truck equipped with its remote diagnostics system was placed in service earlier this month by Averitt Express.
March 12, 2014Business
Technology Could Reduce Costs, Increase Safety, OEM Executive Says
NASHVILLE, Tenn. — Developing technologies will continue to reshape the trucking industry through reduced maintenance costs, increased safety due to lower driver fatigue and higher fuel efficiency, a Volvo Group official said here during a presentation at Heavy Duty Dialogue.
March 10, 2014Business
Volvo’s North America Truck Deliveries Jump
Volvo Group’s truck deliveries in North America jumped 113% in January over a year earlier, led by the Volvo brand, the company said.
February 20, 2014Business
Volvo Doubles Planned Job Cuts as 4Q Earnings Fall
Swedish truck-maker Volvo AB said it is more than doubling planned job cuts to 4,400 as its fourth-quarter operating income dropped 17% to 996 million kronor ($180.1 million).
February 6, 2014Business
Volvo Trucks Opens Applications for Fleet Safety Award
Volvo Trucks is taking nominations for the Volvo Trucks Safety Award, an annual competition that honors two fleets with exceptional driving records.
January 29, 2014Business
Volvo’s North American Truck Deliveries Grow in November
Volvo Group said it delivered 4,182 trucks in North America during November, a 19% increase over November 2012.
December 18, 2013Business
Volvo to Sell Equipment Rental Unit for $1.1 billion
Volvo Group said it will sell its North American equipment rental subsidiary for $1.1 billion to equity firm Platinum Equity.
December 10, 2013