Kriete Truck Centers Invests $6 Million in Expansion
Mack Trucks announced dealer Kriete Truck Centers invested $6 million in a new building at its Racine, Wis., location, doubling the amount of service bays at the facility.
August 16, 2019Volvo Posts Record Quarterly Revenue in 2Q
Volvo Group posted higher net income in the second quarter on the strength of record sales and increased truck deliveries.
July 18, 2019Volvo Quarterly Earnings Surge as North America Deliveries Jump
Volvo Group’s second-quarter earnings beat analyst expectations, as truck deliveries rose and the company increased its market forecasts for North America and Europe this year.
July 18, 2019Volvo Group, Nvidia to Co-Develop Autonomous Vehicles
The Volvo Group announced it has expanded its relationship with Nvidia Corp. and the two companies will co-develop the decision-making system for Volvo’s autonomous commercial vehicles intended eventually for use on public roads and transportation facilities, among other applications.
June 18, 2019Volvo Trucks Develops Autonomous Vehicle Called Vera
Volvo Trucks, the manufacturing arm of Volvo Group, underscored its commitment to offering autonomous commercial vehicles in the near future with the announcement recently that it has developed a self-driving, battery-electric, tractor-like unit it calls Vera.
September 13, 2018Volvo Trucks Adds Second All-Electric Truck in Europe
Volvo Trucks expanded its European push into electrification, announcing its FE electric model, intended for heavier city distribution and refuse transport operations with gross weights of up to 59,525 pounds.
May 11, 2018Volvo Reports Higher Quarterly Net Income, Revenue as North American Orders Soar
AB Volvo reported first-quarter net income and revenue increased despite supply chain constraints in North America’s surging truck market.
April 24, 2018Volvo Group Introduces All-Electric, Heavy-Duty Truck for European Market
Volvo Trucks on April 12 introduced its first all-electric truck for commercial use, with sales and production of its FL Electric model to start in Europe in 2019.
April 12, 2018Vanguard Truck Centers Adds Houston Location
Multistate truck dealer Vanguard Truck Centers announced it acquired a Volvo dealership in Houston that features 28 service bays, including 12 body shop bays.
October 20, 2017Class 8 Sales Increase 8.7% in July
U.S. retail sales of Class 8 trucks rose in July, the first year-over-year gain since November 2015, amid reports carriers have begun expanding fleet size to meet rising demand now or to prepare for expected growth in 2018.
August 16, 2017