Volvo Financial Services Names Patrick Shannon President of North America Region
Volvo Financial Services, a unit of Volvo Group, appointed Patrick Shannon president of the company’s North America region.
June 23, 2020Truck Financiers Offer Flexibility During Pandemic
Like many other carriers, Bowerman Trucking in Searcy, Ark., has experienced challenges during the COVID-19 pandemic, but one group has made things easier: its creditors.
Volvo Says Virus Won’t Slow Its Rollout of Self-Driving Car Tech
Volvo Car AB is grappling with plant shutdowns and layoffs, but one thing it’s not doing amid the fallout from the coronavirus pandemic is pumping the brakes on autonomous driving development.
Volvo to Share Fleet Performance Tool With Dealers
TT Senior Reporter Roger Gilroy recaps Volvo's announcement at TMC 2020 that it will share an internal tool for reviewing fleet operational performance with dealers.
February 26, 2020Volvo to Share Fleet Performance Details With Dealers
ATLANTA — Volvo Trucks North America has developed an internal tool called Expert Analysis for reviewing fleet operational performance and will put it in the hands of dealers and some customers later this year.
Volvo Cars Owner Plots Merger That Puts Listing Back in Play
Volvo Cars owner Li Shufu set out to combine the Swedish carmaker he bought in 2010 with his Hong Kong-listed automobile unit to create a company with the scale to compete in a rapidly consolidating global market.
February 10, 2020Volvo Reports Higher Q4 Income, Flat Revenue
Volvo Group reported flat revenue and stronger net income in the fourth quarter compared with a year earlier as deliveries of construction equipment and buses grew and truck deliveries declined.
Volvo Group CEO Martin Lundstedt Outlines Time of Transition for Trucking
ATLANTA — Volvo Group CEO Martin Lundstedt said the commercial vehicle industry has entered a time of transition with the rise of electric-powered trucks, automated driving technology and connected vehicles.
Volvo Unveils New VNR Model, Touts Aerodynamic Option
ATLANTA — A new vehicle model meant to enhance regional-haul assignments was unveiled by Volvo Trucks North America at the North American Commercial Vehicle Show.
Volvo Braces for 2020 Slump as Truck Orders Hit the Brakes
Volvo Group is preparing for more output cuts after forecasting a slump in truck deliveries next year in North America and Europe on weaker demand.