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Volvo Group said it is building a 1 million-square-foot parts distribution center in Byhalia, Mississippi, the Associated Press reported.

Volvo Group’s North American heavy-duty truck deliveries rose 14% in April from the same month last year, the company reported May 21.

Volvo AB’s first-quarter operating profit surged almost fivefold as the company scaled back production to meet a cost-savings target for 2015.

The Volvo Group said it has agreed to sell some of its commercial real estate in Europe in a move that will generate additional income for its global truck business and other operations.

LOUISVILLE, Ky. — Volvo Trucks is so confident the North American Class 8 market is growing that the original equipment manufacturer is hiring 200 more employees at its Dublin, Va., assembly plant.

Volvo Group’s North American heavy-duty truck deliveries jumped 55% in February from a year ago, the company said March 20.

NASHVILLE, Tenn. — Volvo Trucks announced that its 25,000th truck equipped with its remote diagnostics system was placed in service earlier this month by Averitt Express.

Volvo Group’s truck deliveries in North America jumped 113% in January over a year earlier, led by the Volvo brand, the company said.

Swedish truck-maker Volvo AB said it is more than doubling planned job cuts to 4,400 as its fourth-quarter operating income dropped 17% to 996 million kronor ($180.1 million).