News : Volvo

View:
 

Found press releases

 
 

75% lower fuel consumption: Volvo’s plug-in hybrid bus to hit the streets

5/14/2013 3:58 AM EST  -   Volvo Buses
Tomorrow’s bus is already here – silent, cleaner and with dramatically lower fuel consumption. Volvo Buses’ new plug-in hybrid buses will hit the streets of Gothenburg, Sweden in May as part of a field test. The innovative technology will facilitate a reduction in fuel consumption by a full 75% compared with current diesel buses.
With more than 1,000 hybrid buses sold, Volvo Buses is world leading in terms of...
Anna Kleine
 

HiQ HELPS BORGWARNER WITH LEADING FOUR-WHEEL DRIVE SYSTEM

2/8/2013 1:30 AM EST  -   HiQ International
HiQ is helping BorgWarner in Landskrona, Sweden, to save lives by improving and simplifying the task of driving. The new four-wheel drive system being developed in Landskrona can be easily adapted to meet the different needs of all vehicle manufacturers and is the leader in its field.
“Sweden still has a long way to go to achieve the aims of its Vision Zero initiative – namely that no one should be killed or...

Volvo dismisses media speculation concerning acquisition of Nexter of France

2/7/2013 9:36 AM EST  -   Volvo
The Volvo Group has no plans to acquire the French company Nexter, a manufacturer of products for the defense industry. Information reported in the Swedish media is absolutely untrue.
An article in Dagens Industri on February 7 described the possibility of the Volvo Group merging or combining some of its operations with Nexter.

“The article is based on an interview with a person who is incorrectly named as the...

Volvo Group – the fourth quarter and full year 2012

2/6/2013 1:20 AM EST  -   Volvo
In the fourth quarter the Volvo Group’s net sales declined to SEK 71.8 billion (86.5) as a result of lower economic activity in many of our markets and a continued uncertainty about the future direction that makes our customers more cautious. However, overall we have maintained our market positions with some regional variations. Operating income declined to SEK 1,121 M (6,955). For the full-year 2012, the Volvo...
Olof Persson
 

Volvo to become world’s largest heavy-duty truck manufacturer following strategi...

1/25/2013 8:30 PM EST  -   Volvo
AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited (DFG) to acquire 45% of a new subsidiary of DFG, Dongfeng Commercial Vehicles (DFCV), which will include the major part of DFG’s medium- and heavy-duty commercial vehicles business. At completion of the transaction, the Volvo Group will become the world’s largest manufacturer of heavy-duty trucks.   “This is a...

HiQ WINS FRAMEWORK AGREEMENT WITH VOLVO CARS

1/9/2013 2:30 AM EST  -   HiQ International
HiQ has won a framework agreement to deliver e-learning services for Volvo Cars (VCC). The agreement is yet more proof of how strongly HiQ has developed in the field of web solutions and mobility.
“HiQ has a track record of more than 10 years’ experience of building digital pedagogic products. In the course of the past year alone we have produced more than 20 e-learning packages for clients in the public and...

Renault Trucks Defense to acquire French manufacturer Panhard

7/26/2012 11:00 AM EST  -   Volvo
Renault Trucks Defense, which is included in the Volvo Group’s Governmental Sales business area, is to acquire the French automotive manufacturer Panhard. The transaction is expected to be finalized during the fourth quarter of 2012. For implementation, approval is required from the relevant authorities.
Panhard is a private company which has a background in the car industry. The company specializes in...

Volvo Group – Report on the first quarter 2012

4/26/2012 1:25 AM EST  -   Volvo
During the first quarter of 2012, the Volvo Group’s sales development continued to be strong. Net sales rose by 10% to SEK 78.8 billion and was the highest so far for a first quarter. The operating income of SEK 6.2 billion was on par with the year-earlier period, adjusted for the nonrecurring items that impacted the first quarter of both this year and last year.

 

· In the first quarter, net sales increased by...

Volvo and WWF expand climate cooperation

2/17/2012 10:08 AM EST  -   WWF International
Sanya, China -  Volvo Construction Equipment and Volvo Buses have joined the Volvo Group’s cooperation with WWF´s Climate Savers program, pledging to reduce CO2 emissions by 30 million tons from construction equipment, buses and trucks through 2014.

“By expanding the partnership with WWF to include our buses and construction equipment, the Volvo Group will demonstrate that it is serious about continuously raising...

Volvo Group – Report on the fourth quarter and full-year 2011

2/3/2012 1:30 AM EST  -   Volvo
The Volvo Group’s strong trend continued during the fourth quarter of 2011. Sales rose in all regions, profitability improved and cash flow was strong.
 

· In the fourth quarter net sales increased by 18% to SEK 86.5 billion (73.4). Adjusted for currency movements and acquired and divested units, sales increased by 20%. For the full year net sales increased by 17% to SEK 310.4 billion (264.7).
 

· The fourth...