Volvo Group set a fourth-quarter record for deliveries, but the OEM said supply chain disruptions and energy costs would impact business.
Volvo Group reported a significant jump in its fourth-quarter income, but truck orders and net sales declined compared with 2018 numbers.
Volvo and Mack used trucks are now backed by factory warranties of up to 24 months and 250,000 miles for parts and labor on certain components.
January new truck orders have fallen 26 percent from December, continuing a trend that has developed after record-breaking months last year.
Cummins Inc. announced record earnings for its second quarter this morning, and that news was immediately overshadowed by an engine recall that has already impacted 230,000 vehicles and now will encompass an additional 500,000 heavy-duty truck models.
Covering 14 acres, TEC Equipment’s new Mack/Volvo dealership in Fontana, CA, is designed to improve customer service and features many driver amenities.
The technology and product offerings for LNG/CNG Class 8 trucks are well ahead of battery-electric vehicles. Rising diesel prices may spur another wave of natural gas-powered truck adoption.