The Volvo Group on June 28 announced plans to invest nearly $400 million over six years to upgrade its New River Valley, Va., plant that produces all Volvo trucks sold in North America.
June 28, 2019Business, Equipment
Volvo Group to Spend $400 Million on Plant Upgrades, Expansion
Business, Equipment
Volvo Rides Higher Truck Revenue to First-Quarter Gains
AB Volvo reported first-quarter net income and revenue rose as it brought in more money from truck sales in all markets.
April 24, 2019Business, Technology
Truckmaker Volvo Gains After Profit Surge Offsets Order Slowdown
Volvo Group rose after a jump in first-quarter profit helped to quell fears that demand is weakening in key markets.
April 24, 2019Business, Technology, Safety
Volvo Unveils Parameter Plus Updates
Volvo Trucks announced its Parameter Plus package, which allows for up to 50 parameter updates over-the-air annually per covered vehicle.
March 25, 2019Technology, Autonomous
Volvo Self-Driving Buses Set for Singapore
Volvo AB is ready to start trialing full-size driverless buses in Singapore, helping the city state take a step forward in the race to deploy autonomous public transport.
March 5, 2019Business, Technology, Autonomous
Autonomous Advancements Present Opportunities for Drivers, Experts Say
SAN DIEGO — Autonomous mobility experts said that the technology can open up new opportunities for drivers, noting that as progress on greater levels of automation expands over time, drivers will have chances to capitalize on that change.
February 26, 2019Business, Technology, Equipment
Volvo’s First Electric Trucks Put to Work
Volvo Trucks delivered its first all-electric vehicles to two companies operating in Sweden.
February 20, 2019Business, Equipment
Volvo Group Announces Oklahoma City Facility for Recycled, Renovated Parts
The Volvo Group is opening a Dex Heavy Duty Parts site in Oklahoma City, according to a Feb. 4 press release. Dex, a subsidiary of Volvo and a supplier of recycled, renovated and surplus medium- and heavy-duty truck parts, also operates a site in Advance, N.C.
February 5, 2019Business
Volvo Reports Mixed 4Q Results
Volvo Group reported fourth-quarter revenue rose as net income fell, while higher worldwide truck orders and deliveries increased both revenue and net income for the full year.
February 1, 2019Business, Technology, Fuel
Volvo Group Venture Capital Invests in Wireless Electric Charging
Volvo Group Venture Capital AB, a subsidiary of Volvo Group, announced it has invested an undisclosed amount in Momentum Dynamics Inc., which provides high-power wireless charging systems for the automotive and transportation industries.
January 18, 2019