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Volvo Takes Holistic Approach To Heavy-Duty Truck Electrification
Wednesday, February 12, 2020 - 11:55am | 1140It would have been easy for Volvo Trucks North America to convert a few diesel-powered trucks to run on electricity, turn them over to fleets for testing, examine the performance data and take a bow for helping clear the air in pollution-choked California. Instead the Swedish truck maker is...
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Volvo Reports Drop In Truck Orders, Net Sales In Fourth Quarter
Thursday, January 30, 2020 - 1:58pm | 413Volvo Group (OTC: VLVLY) reported a significant jump in its fourth-quarter income, but truck orders and net sales declined compared with 2018 numbers. While net sales dipped 5% to SEK 105.4 billion (the Swedish krona equals US$0.10) in the fourth quarter, the Swedish truck maker posted an 11% jump...
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Borderlands: Volvo Delivers 76 Trucks To Mexican Carrier; Crews Checked For Coronavirus At Port Manzanillo
Monday, January 27, 2020 - 11:35am | 1308Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Volvo delivers 76 new trucks to Mexican carrier; ships are checked for coronavirus at Port Manzanillo; Stabilis Energy expands in Mexico with new sales director; and...
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Volvo Group Names Lead For New Autonomous Unit
Friday, December 20, 2019 - 1:39pm | 352Volvo Group has named a financial services executive to lead its new autonomous solutions unit. Nils Jaeger will oversee Volvo's efforts in autonomous and connected vehicles, including the driverless Vera port vehicle, autonomous agricultural applications in Brazil and automated mining operations...
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Volvo Sells Japanese UD Trucks Unit To Isuzu
Wednesday, December 18, 2019 - 4:54pm | 433Volvo AB (NASDAQ: VLVLY) is selling its UD Trucks unit in Japan to Isuzu Motors Ltd. with the two companies planning to partner on new technologies like electrification and autonomous trucking. A nonbinding memorandum of understanding is expected to be replaced by contracts covering specific...
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Today's Pickup: Isuzu Motors To Acquire Volvo's UD Trucks For $2.3 Billion
Wednesday, December 18, 2019 - 12:33pm | 763Good day, Japanese truck manufacturer Isuzu Motors has reportedly bought UD Trucks, the truck manufacturing unit of Swedish automaker Volvo AB, to develop next-generation technologies like electric and self-driving trucks. Isuzu, which sold over 500,000 vehicles last year, has recently vowed to...
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Volvo Invests In Silicon Valley Transport Start-Up Fund
Monday, December 9, 2019 - 12:24pm | 498Volvo Group Venture Capital has invested in Autotech Ventures, a venture capital firm located in Silicon Valley. A spokesman said the deal was expected to yield near-term results in fields of specific focus for Volvo including connected, autonomous, electrified vehicles and related mobility...
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Volvo Trucks Will Lay Off 700 Workers In January
Monday, November 25, 2019 - 11:29am | 816Volvo Trucks North America will lay off about 700 workers in January, extending an industry pullback in production to match slowing orders of new Class 8 trucks. Volvo's Nov. 22 announcement, reported by The Roanoke Times in Virginia, comes weeks after about 80% of the workforce in Dublin was...
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Volvo, Western Star Recall Trucks For Steering Issues
Monday, November 18, 2019 - 5:23pm | 421Volvo Trucks North America and the Western Star brand of Daimler Trucks North America will recall nearly 3,700 trucks between them for separate steering-related issues that could cause a crash. Neither issue has resulted in any crashes or injuries, according to postings on the National Highway...
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Volvo Rolls Out Electric "Urban" Trucks In Europe
Thursday, November 7, 2019 - 10:30am | 659Volvo Trucks has started selling its "urban" electric trucks in key European markets. The manufacturer claims the models, which have no exhaust emissions and reduced noise levels, will help meet the increasing demand for sustainable transport solutions in city environments. Sales of the Volvo FL...
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Volvo Unveils New Regional-Haul VNR 660 Truck
Monday, October 28, 2019 - 5:24pm | 275Volvo Trucks North America unveiled its new VNR 660 truck, expanding its offerings for regional-haul applications, on Oct. 28 at the North American Commercial Vehicle (NACV) Show in Atlanta, Georgia. The new VNR 660 truck features a 164-inch bumper to back-of-cab length that offers about a 400-...
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Volvo Ventures Invests In Cybersecurity Startup To Protect Its Connected Trucks
Monday, October 21, 2019 - 1:27pm | 559Volvo Group Venture Capital is investing in an Israeli automotive cybersecurity startup to help protect its one million "connected assets," which it claims exceeds any competitor. Volvo participated in a $30 million Series B fundraising round for Tel Aviv-based Upstream Security led by Renault...
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Volvo Highlights Electric Trucks And GHG Engines For Mexico Market At Transport Expo ANPACT
Friday, October 18, 2019 - 11:54am | 751Connectivity, electric trucks and autonomous vehicles were highlighted by Peter Voorhoeve, president of Volvo Trucks North America (VTNA) at Transport Expo ANPACT 2019. The event, which is being held in Puebla, Mexico from October 15-18, is an international exhibition for passenger and freight...
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UAW Strike At Mack Trucks Could Impact Volvo Trucks Production
Monday, October 14, 2019 - 12:33pm | 439A United Auto Workers strike against Mack Trucks could soon impact assembly at the Volvo Trucks assembly plant in Virginia because both get engines and transmissions from the same Maryland facility. About 3,200 UAW-represented workers went on strike Sunday morning at plants in Lower Macungie...
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Volvo And Mack Use Geotab Cloud To Hold Electronic Logging Device Data
Wednesday, October 9, 2019 - 10:25am | 447Volvo Trucks North America and its Mack Trucks sibling are partnering with connected transportation company Geotab to send electronic logging device (ELD) data to the cloud and back for interference-free reporting. The telematics devices, factory-installed in Volvo and Mack trucks, send engine and...