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, 2013Volvo’s Indian Joint Venture Launches Pro Series Trucks, Buses
Volvo Group’s India-based joint venture with Eicher Motors has launched the Pro Series of trucks and buses, which are designed specifically for India and similar markets.
December 2, 2013Volvo Unveils I-Shift for Mexican Market
GUADALAJARA, Mexico — Volvo Trucks announced that one of its largest Mexican fleet customers has become the first in this nation to begin using its I-Shift automated manual transmission.
November 18, 2013Volvo Introduces I-Shift Transmission to Mexico
GUADALAJARA, Mexico — Volvo Trucks and one of its largest Mexican fleet customers announced that the carrier is the first to adopt Volvo’s I-Shift automated manual transmission in this country, which Volvo said is part of its strategy to boost its presence in the Mexican truck market.
November 13, 2013Volvo Trucks Offers ‘Optimized’ Regional Haul Models
Volvo Trucks has introduced its Optimized Series of trucks, designed to offer greater fuel efficiency and payload capacity for regional carriers.
October 29, 2013Volvo Reports Lower 3Q Profit
Swedish truck-maker Volvo AB saw its third-quarter operating income drop 18% to 2.4 billion kronor ($380 million).
October 25, 2013Tidewater Transit, MCO Transport Named Volvo Safety Award Winners
ORLANDO, Fla. — Two trucking fleets based in North Carolina were honored with the 2013 Volvo Truck Safety Award.
October 22, 2013Volvo Trucks Says 2014 Engines Will Be More Fuel Efficient
Volvo Trucks said it has increased fuel efficiency for its model year 2014 engines by up to 2% using new components.
September 30, 2013Volvo Opens Medical Center at Maryland Facility
Volvo Group said it opened a medical center at its Hagerstown, Md., powertrain facility for employees and their dependents.
September 25, 2013Volvo to Cut Jobs to Reduce Costs
Swedish truck-maker Volvo AB said it would cut some “white-collar” jobs and consultants as part of an effort to reduce costs by about $620 million annually by the end of 2015.
September 24, 2013