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.

Volvo Financial Services appointed Marcio Pedroso president of its Americas region, succeeding Leo Hawkes, who retired after 13 years with VFS, the company announced April 16.

LOUISVILLE, Ky. — Energy and the environment remain issues of great importance for trucking, in terms of the types of fuels consumed and regulations and laws that arise from the concern, the CEO of Volvo Group said here.

LOUISVILLE, Ky. — Volvo Trucks is expanding its Remote Diagnostics platform to monitor its proprietary I-Shift automated manual transmission.

Volvo Group’s North American truck deliveries jumped 32% in February from the same month a year earlier, the company said.

Volvo Trucks introduced a rugged version of its I-Shift automated manual transmission for severe-duty applications.

Volvo Trucks said it is accepting entrants for its annual safety awards, which recognize fleets for their safe-driving records and safety programs.

Volvo Group’s North American truck deliveries increased 14% in January from the same month a year earlier, the company reported.

Truck manufacturers Daimler AG and Volvo Group both reported higher truck orders and sales for the fourth quarter, and both predicted a stronger North American market for 2015.

Volvo Trucks introduced the Volvo VAH 630, a premium sleeper version for longhaul auto-hauling operations.