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Breakthrough: Volvo to launch electric truck with 600 km range PR Newswire GOTHENBURG, Sweden, Sept. 3, 2024 GOTHENBURG, Sweden , Sept. 3, 2024 /PRNewswire/ -- Up to 600 km on one single charge. That's how far Volvo's next-generation heavy-duty electric truck will be able to drive. The longer range represents a breakthrough for long-distance transport with zero tailpipe emissions. The electrification of heavy trucks is continuing across the world and longer distances are now becoming a...

Professor Johan Woxenius and Lund University awarded the Volvo scholarship Håkan Frisinger Prize PR Newswire GOTHENBURG, Sweden, Aug. 30, 2024 GOTHENBURG, Sweden , Aug. 30, 2024 /PRNewswire/ -- The Håkan Frisinger Foundation for Transportation Research has appointed Professor Johan Woxenius at the University of Gothenburg as this year's scholarship recipient. The prize includes a guest research program at Lund University. "We look forward to welcoming Johan Woxenius and jointly addressing...

Monterrey selected as site for new North American heavy-duty truck plant PR Newswire GOTHENBURG, Sweden, Aug. 23, 2024 GOTHENBURG, Sweden , Aug. 23, 2024 /PRNewswire/ -- The Volvo Group will build its new Mexican heavy-duty truck manufacturing plant in Monterrey. As announced on April 11 , the plant will supplement the Group's U.S. production and provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and Mack truck sales in...

Volvo Group - the second quarter 2024 PR Newswire GOTHENBURG, Sweden, July 18, 2024 GOTHENBURG, Sweden , July 18, 2024 /PRNewswire/ -- "During Q2 2024, the Volvo Group delivered good profitability as demand in many markets continued to normalize compared with the high levels of 2023. Net sales amounted to SEK 140.2 billion, which adjusted for currency changes was on the same level as in the prior year. The adjusted operating income amounted to SEK 19.4 billion (21.9), with a margin of 13.9%...

Invitation to the Volvo Group report on the second quarter 2024 PR Newswire GOTHENBURG, Sweden, July 4, 2024 GOTHENBURG, Sweden , July 4, 2024 /PRNewswire/ -- The Volvo Group report for the second quarter 2024 will be published on July 18 , at 7.20 a.m. CEST. There will be a conference call for press and analysts starting at 9.00 a.m. CEST . An online presentation of the report, followed by a question-and-answer session, will be broadcasted at 9.00 a.m. CEST . The Volvo Group will be represented...

Volvo Group completes divestment of Arquus PR Newswire GOTHENBURG, Sweden, July 2, 2024 GOTHENBURG, Sweden , July 2, 2024 /PRNewswire/ -- Volvo Group has today completed the divestment of Arquus to John Cockerill Defense according to the previously announced option agreement. Arquus manufactures and sells specially designed vehicles to defense forces and employs about 1,200 employees in France . In 2023, Arquus represented approximately 1 % of Volvo Group revenues. The transaction has no...

Volvo Group Capital Markets Day 2024 PR Newswire GOTHENBURG, Sweden, June 4, 2024 GOTHENBURG, Sweden , June 4, 2024 /PRNewswire/ -- The Volvo Group will hold a Capital Markets Day at Volvo Trucks' operations in Dublin, Virginia , USA on November 14 , 2024. During the day, executive management will outline the Group's strategic direction, which is built on the pillars Perform and Transform. Focus will be on the transformation journey towards more sustainable transport and infrastructure...

Volvo CE unveils ambitious new product line up at Volvo Days 2024 PR Newswire GOTHENBURG, Sweden, May 29, 2024 GOTHENBURG, Sweden , May 29, 2024 /PRNewswire/ -- At Volvo Days 2024, Volvo Construction Equipment (Volvo CE) demonstrates its ambition to lead in sustainability and productivity by presenting pioneering launches and a fresh solutions-based approach - enabling sustainable change for customers in both regulated and less regulated markets. Volvo CE is: Launching a modernized range of...

Volvo Group and Daimler Truck intend to form a joint venture for a software-defined vehicle platform to amplify digital transformation PR Newswire GOTHENBURG, Sweden, May 17, 2024 Volvo Group and Daimler Truck share the ambition to lead transformation to software-defined heavy-duty commercial vehicles to enhance customer efficiency and experience. Both companies intend to create a joint venture to become the leading developer of a software-defined heavy-duty vehicle platform, including software...

The Foundation Assar Gabrielsson Prize recipients 2024 awarded PR Newswire GOTHENBURG, Sweden, May 16, 2024 GOTHENBURG, Sweden , May 16, 2024 /PRNewswire/ -- Assar Gabrielsson was one of the founders of Volvo. In accordance with his wishes, a fund was established for clinical research of cancer diseases. The fund has existed since 1962. It primarily supports research projects that are considered promising but have not yet reached the weight that provides funding from major research funds. The...

New number of votes in AB Volvo PR Newswire GOTHENBURG, Sweden, April 30, 2024 GOTHENBURG, Sweden , April 30, 2024 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 100 Series A shares to a total of 100 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General...

Volvo Group - the first quarter 2024 PR Newswire GOTHENBURG, Sweden, April 17, 2024 GOTHENBURG, Sweden , April 17, 2024 /PRNewswire/ -- "During Q1 2024, demand continued to normalize at good levels across many of the Volvo Group's markets. Adjusted for currency, net sales were on the same level as in Q1 2023 and amounted to SEK 131.2 billion . Invoiced price continued to increase, mainly on the back of carry-over from the price increases we gradually implemented last year. Adjusted operating...

Volvo Group to Increase North American Heavy Truck Production Capacity PR Newswire GOTHENBURG, Sweden, April 11, 2024 GOTHENBURG, Sweden , April 11, 2024 /PRNewswire/ -- The Volvo Group today announced that it will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group's U.S. production. The plant will provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and support Mack truck sales in Mexico...

Invitation to the Volvo Group report on the first quarter 2024 PR Newswire GOTHENBURG, Sweden, April 3, 2024 GOTHENBURG, Sweden , April 3, 2024 /PRNewswire/ -- The Volvo Group report for the first quarter 2024 will be published on April 17 , at 7.20 a.m. CEST. There will be a conference call for press and analysts starting at 9.00 a.m. CEST . An online presentation of the report, followed by a question-and-answer session, will be broadcasted at 9.00 a.m. CEST . The Volvo Group will be...

New number of votes in AB Volvo PR Newswire GOTHENBURG, Sweden, March 28, 2024 GOTHENBURG, Sweden , March 28, 2024 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 1,490 Series A shares to a total of 1,490 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General...

Annual General Meeting of AB Volvo PR Newswire GOTHENBURG, Sweden, March 27, 2024 AB Volvo held its Annual General Meeting on March 27, 2024 . The Meeting was held at Konserthuset in Göteborg, Sweden , with the option for shareholders to exercise their voting rights by advance voting (postal voting). Presentations by the Chairman of the Board and the President and CEO describing the work of the Board and the Volvo Group's operations are available on AB Volvo's website www.volvogroup.com ....

Volvo Group and Renault Group complete creation of a joint venture for an all-new generation of electric vans: Flexis SAS PR Newswire GOTHENBURG, Sweden, March 22, 2024 GOTHENBURG, Sweden , March 22, 2024 /PRNewswire/ -- Following the binding joint venture agreements signed on October 6 th , 2023, Volvo Group and Renault Group have obtained all the required regulatory approvals and have now officially launched the new company Flexis SAS for the next generation fully electric and software defined...

Save the date for the Volvo Group Capital Markets Day on November 14, 2024 PR Newswire GOTHENBURG, Sweden, March 12, 2024 GOTHENBURG, Sweden , March 12, 2024 /PRNewswire/ -- The Volvo Group will hold a Capital Markets Day at Volvo Trucks' operations in Dublin, Virginia , USA on November 14, 2024 . During the day, executive management will outline the Group's strategic direction, which is built on the pillars Perform and Transform. Focus will be on the transformation journey towards more...

Volvo Group signs agreement with Westport for joint venture to reduce CO2 emissions from long haul transport PR Newswire GOTHENBURG, Sweden, March 11, 2024 GOTHENBURG, Sweden , March 11, 2024 /PRNewswire/ -- The Volvo Group has signed an agreement according to the previously announced Letter of Intent with Westport Fuel Systems Inc to establish a joint venture to accelerate the commercialization and global adoption of Westport's High Pressure Direct Injection (HPDI™ ) fuel system technology...

AB Volvo publishes Annual Report 2023 PR Newswire GOTHENBURG, Sweden, Feb. 29, 2024 Volvo Group today published the Annual Report for 2023 on www.volvogroup.com . GOTHENBURG, Sweden , Feb. 29, 2024 /PRNewswire/ -- "During 2023 dedicated colleagues across the Volvo Group worked hard to keep our customer commitments and reduce the lead times as we delivered from the backlogs of vehicles and machines that have been extended since the pandemic. It was also a year characterized by geopolitical...