AB Volvo
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Company earnings
Volvo Q1 earnings presage tough times ahead
Heavy-duty truck maker AB Volvo saw business seize up in mid-March but exited the quarter with lower but still positive sales and profits.
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News
Truck makers and suppliers suspend production (Update)
Engine maker Cummins Inc. joined Volvo and Mack Trucks in suspending production because of the coronavirus pandemic . Cummins and trailer maker Wabash National also…
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Trucking
Truck makers maintain production but wary of supply chain issues
Class 8 truck manufacturers so far are staving off production cuts and layoffs, but they are watching their supply chains carefully for disruptions from the…
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Energy
Volvo takes holistic approach to heavy-duty truck electrification (with video)
By the time it begins limited production of zero-emission Class 8 electric trucks late this year, Volvo will know the pain points because of its…
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News
Is a Navistar transition a factor in TRATON bid timing?
Big investors like Carl Icahn will have a say in whether Volkswagen’s truck group buys the 83% of Navistar it does not already own, but…
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News
TRATON makes unsolicited $2.9 billion bid to buy rest of Navistar
TRATON makes long-expected move to take over Navistar despite claiming disinterest. Navistar says it will take a look at the offer.
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News
Volvo Trucks will lay off 700 workers in January (Update)
Volvo Trucks North America will lay off about 700 workers in January, extending an industry pullback in production to match slowing orders of new Class…
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OEM
Volvo Ventures invests in cybersecurity startup to protect its connected trucks
AB Volvo through its venture capital group is investing in an Israeli cybersecurity startup while also combining all of its autonomous ventures into a single…
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Company earnings
Volvo Group forecasts chill in new truck orders as Q3 earnings rise
Swedish truck maker AB Volvo reported higher third-quarter profits and sales on Friday, October 18. But it warned that orders for new trucks in North…
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