Volvo Group
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News
Mack starts early builds of medium-duty trucks
Early units of new Mack MD Series medium-duty trucks are coming together in a former comic book publishing factory near Roanoke, Virginia.
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Trucking
Volvo Group cutting 450 salaried U.S. jobs
Mack Trucks and Volvo Trucks North America are cutting 450 salaried jobs as part of parent Volvo Group’s slashing of 4,100 whiite-collar positions. But Mack…
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Company earnings
Volvo reports 38% drop in Q2 sales
Glum Volvo Group financial report follows layoffs of 4,100 white-collar workers in second quarter. Uncertainty means the pain may continue for some time.
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News
Volvo Group cutting 4,100 white-collar positions in second half
Swedish truck maker Volvo Group says financially ugly short- and medium-term market conditions require stepped-up cost cutting.
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News
BREAKING NEWS: Volvo Group cutting 4,100 white-collar jobs
Sweden’s Volvo Group is cutting 4,100 white-collar jobs globally in the second half in response to ongoing impacts of the COVID-19 pandemic. About 15% of…
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News
Musk – time for Tesla Semi to get on the road
Perhaps motivated by the buzz that newly public rival Nikola is getting, Tesla’s Elon Musk says it is time for the oft-delayed Tesla semi-truck to…
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Energy
Daimler Trucks sets up fuel cell subsidiary
Daimler Trucks AG is creating a fuel cell subsidiary as a forerunner to a 50-50 joint venture with Volvo Group to make fuel cell-powered backup…
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News
Daimler Trucks cautiously resumes US production (Update 2)
The largest manufacturer of heavy-duty trucks puts worker protections in place as it tries to make up for production lost to the coronavirus pandemic.
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News
Fear of missing out? Daimler and Volvo form fuel cell joint venture
Daimler Trucks and Volvo Group, two truck makers lukewarm on hydrogen fuel cells, hedge their bets to leverage Daimler’s Mercedes-Benz fuel cell efforts for heavy-duty…
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Equipment
Navistar idles Ohio truck plant for two weeks
Supply chain disruption from coronavirus adds Navistar plant in Ohio to truck operations suspending production and pulling earnings guidance.
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