Volvo AB said it will reorganize its truck business and named a new chief financial officer, Bloomberg reported Tuesday.
October 4, 2011Business
Volvo Expects Reorganization of Truck Business to Boost Margin
Volvo AB said its operating margin should eventually grow by 3% as a result of the reorganization of its truck division, Bloomberg reported.
November 9, 2011Business
Volvo’s 3Q Earnings Jump; Predicts 20% Growth in North American Sales
Volvo AB’s third-quarter profit jumped 36% and the company predicted industrywide heavy-duty truck sales in North America will rise 20% next year, Bloomberg reported Tuesday.
October 25, 2011Business
Volvo Plans Truck Investments in China, India
Volvo AB is planning investments in India and China to bolster its truck business and meet demand from those markets, Bloomberg reported Monday, citing a company executive.
October 24, 2011Business
Volvo Offers New Powertrain Package for VN Trucks
Volvo Trucks North America said it was introducing a new powertrain package for its VN series tractors aimed at reducing fuel consumption by up to 3%.
October 5, 2011Business
Volvo’s August North American Deliveries Rise 57%
Volvo AB’s North American truck sales rose 57% in August from a year ago to 3,096 units, the company said Thursday.
September 15, 2011Business
Volvo Offers Updated UD Condor Truck
Volvo AB said July 11Â it is updating its Condor line of medium-duty trucks for sale in Japan by its UD Trucks division, effective July 12.
July 18, 2011Business
Volvo Offers LNG, Methane Gas Truck for Longhaul Fuel Savings in Europe
Truck maker Volvo AB, based in Sweden, said it has launched its first longhaul truck in Europe powered by up to 75% liquefied natural gas or methane gas.
June 6, 2011Business
Volvo Says Quarterly Earnings Rose 143% on Growing Demand for Trucks Worldwide
Benefiting from increased global demand for its trucks, Volvo AB reported a 143% jump in first-quarter earnings from a year earlier, driven by a 22% increase in revenue, the company said April 27.
May 2, 2011Business
Volvo’s 1Q Income, Truck Sales Increase
Volvo AB Wednesday said its first-quarter sales and net income increased as worldwide truck sales rose.
April 27, 2011