Volvo News Updates

Business

Volvo Trucks Showcases Active Driver Assist; System Uses Alerts, Braking to Prevent Crashes

MOUNTVILLE, S.C. — Volvo Trucks North America showcased the next generation of collision-mitigation technology available on its trucks and touted the product offering as its latest move to enhance road safety.

October 27, 2016
Business

Volvo Group’s Third-Quarter Earnings, Sales Slide in Weaker Class 8 Market

Volvo Group reported third-quarter earnings and sales fell amid excessive Class 8 inventory in North America as orders and sales both dropped by more than 30%, compared with a very strong market in 2015.

October 21, 2016
Special Coverage, Business

Volvo, Mack Bemoan Current Sales Climate

LAS VEGAS — The two heavy-duty North American truck makers of Volvo Group continue to stoically gut out an unpleasant sales market but in anticipation of sunnier 2018 announced vehicle and service improvements for customers.

October 4, 2016
Business, Autonomous

Volvo Shows Off SuperTruck Entry to Energy Secretary Ernest Moniz

WASHINGTON — Volvo Trucks North America unveiled its version of SuperTruck for inspection here by Energy Secretary Ernest Moniz on Sept. 13, saying its VNL 670 highway tractor demonstrates an 88% gain in freight efficiency and an extra 70% in fuel efficiency.

September 13, 2016
Business

Volvo Group Earnings, Revenue Fall in Second-Quarter and Six-Month Periods

Volvo Group reported earnings and net sales fell in the second quarter and six-month periods, citing the slowdown in the North American truck market as a key factor that led to a plunge in orders.

July 26, 2016
Business

Volvo Cuts North American Truck Market Outlook as Orders Slump

Volvo AB cut its outlook for the North American truck market for the third time this year after stagnant freight volumes and excess inventory drove orders in the region down by nearly one-third in the second quarter.

July 19, 2016
Business

Volvo Touts New Crawler-Gear Option for Off-Road Trucks

SHIPPENSBURG, Pa. — Managers of Volvo Trucks North America talked up the improved fuel efficiency and increased driver productivity of their new crawler-gear option on the I-Shift automated manual transmission designed for applications where very slow speeds are used.

June 29, 2016
Business

UTA President Michael McColgan of VTNA Dies at 61

Michael McColgan, president of the Used Truck Association and the longest-serving employee of Volvo Trucks North America, died unexpectedly in Greensboro, North Carolina, on May 30. He was 61.

June 3, 2016
Business

Volvo Trucks Says Concept Vehicle Slashes Fuel Consumption by One-Third

Volvo Trucks announced that it has developed a new concept heavy-duty vehicle with support from the Swedish Energy Agency that offers almost one-third lower fuel consumption.

June 1, 2016
Business

VTNA Plans More Production Cuts in Early August

Volvo Trucks North America announced that it will cut production further in August as it adjusts to a period of reduced demand for its longhaul trucks.

June 1, 2016