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ATLANTA — Volvo Group CEO Martin Lundstedt said the commercial vehicle industry has entered a time of transition with the rise of electric-powered trucks, automated driving technology and connected vehicles.

ATLANTA — A new vehicle model meant to enhance regional-haul assignments was unveiled by Volvo Trucks North America at the North American Commercial Vehicle Show.

Volvo Group is preparing for more output cuts after forecasting a slump in truck deliveries next year in North America and Europe on weaker demand.

DUBLIN, Va. — Volvo Trucks North America introduced an updated version of its driver assistance system that increases the speed from which the brakes can stop the truck without driver input, and which improves the system’s recognition of when the driver switches lanes to avoid a vehicle in its path.

Volvo Trucks North America announced it is using 3D printing technology to produce tools and fixtures used in the manufacturing process at its New River Valley plant in Dublin, Va., where all of its trucks for the North American market are built.

Volvo Trucks has introduced a “dynamic” maintenance service through its ongoing partnership with Noregon Systems Inc., an internet of things company that specializes in connected-vehicle solutions.

Volvo Cars is recalling about half a million cars worldwide because of a faulty engine component that may in extreme cases cause a vehicle to catch fire.

The Volvo Group on June 28 announced plans to invest nearly $400 million over six years to upgrade its New River Valley, Va., plant that produces all Volvo trucks sold in North America.

AB Volvo reported first-quarter net income and revenue rose as it brought in more money from truck sales in all markets.

Volvo Group rose after a jump in first-quarter profit helped to quell fears that demand is weakening in key markets.