Volvo Group Hit With $130 Million Penalty Over Recall Issues
Volvo Group North America will pay a civil penalty of as much as $130 million under an arrangement with the National Highway Traffic Safety Administration.
Volvo Autonomous Solutions, Uber Freight Announce Partnership
Volvo Autonomous Solutions and freight broker Uber Freight announced a long-term strategic partnership to deploy Volvo’s autonomous transport network within Uber Freight’s marketplace.
Volvo Reports Record Q3 Truck Deliveries
Volvo Group reported increased revenue and net income in the third quarter as deliveries of trucks rose 21%, with the strongest revenue coming from Europe as fleets replaced aging trucks — prompting a record for both truck production and delivery.
Volvo, Mack, Tesla Show Gains With BEVs
Truck makers both large and small recently announced deals and timetables for more of their battery-electric trucks reaching customers.
Volvo Invites Media to Test Drive the VNR Electric Truck
DUBLIN, Va. — Volvo Trucks North America provided members of the media a chance to drive its VNR Electric truck during a press event Sept. 29.
Volvo Trucks Unveils New Axle for Extended Electric Truck Range
Volvo Trucks unveiled its fully electric rear axle that is designed to free up space for batteries, the company announced Sept. 19.
September 19, 2022Volvo Plans to Make Its Own Batteries in Electric Truck Shift
Volvo AB plans to build a “large-scale” battery plant in Sweden to meet an expected surge in demand for electric trucks and buses.
Volvo Quits Europe Car Lobby Group Over EV Stance
Volvo Cars AB is withdrawing from Europe’s car lobby, the second major automaker to do so in the past month, as the industry fractures over the transition to electric vehicles.
Gary McCartney Named CFO for Mack Trucks, VTNA
Gary McCartney was named chief financial officer for Volvo Trucks North America and Mack Trucks, Volvo Group announced May 16.
May 16, 2022Volvo to Supply 44 Electric Trucks to DHL
FRANKFURT, Germany — Swedish carmaker Volvo has signed a deal to supply 44 new electric trucks to German delivery firm Deutsche Post DHL to support its zero-emission targets, both companies announced May 12.