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February 14, 2012
Volvo_group
The following articles have been tagged with "Volvo_group":
Volvo group announces record sales for 2011
Business & Money: 3 Feb 12
Volvo group, the world's second-largest truck maker, posted a 63-percent hike in its 2011 net profit on Friday, boosted by record sales, as well as a 43-percent hike in the fourth quarter.
READ »
Volvo Trucks to refine performance indicators
Business & Money: 22 Sep 11
Sweden's Volvo Group, the world's second-largest truck maker, announced on Thursday plans to begin using new financial targets measuring not only growth but also how it fares against key competitors.
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Volvo profits up, cautious on outlook
Business & Money: 22 Jul 11
Swedish truck maker Volvo Group on Friday reported strong second quarter earnings but kept its forecasts unchanged on caution at the global economic outlook.
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Scania profits soar as new order growth lags
Business & Money: 28 Apr 11
Swedish truckmaker Scania announced a 77 percent profit rise for the first three months of 2011, although growth in new orders grew more modestly.
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Volvo upbeat despite Japan impact warning
Business & Money: 27 Apr 11
Swedish truck maker Volvo Group reported strong first quarter earnings on Wednesday, although the firm warned that the Japan disaster could impact its second quarter.
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Volvo Group names insider as new CEO
Business & Money: 16 Mar 11
Sweden's Volvo Group has appointed Olof Persson, current head of Volvo Construction Equipment, to take over as the heavy vehicle maker's new CEO following the departure of Leif Johansson.
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Radiation fears prompt Volvo shut down in Japan
Business & Money: 15 Mar 11
Swedish truckmaker Volvo is shuttering operations of its Japanese subsidiary amid fears of radiation leaking from nuclear plants damaged in last week's devastating tsunami, the company said on Tuesday.
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Truckmaker Volvo drives back to profit in 2010
Business & Money: 4 Feb 11
Swedish heavy vehicles maker Volvo Group returned to profit in 2010, the company reported on Friday, despite a less-than-stellar fourth quarter.
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Workers canned for 'disloyal' Facebook post
National: 3 Jan 11
Three workers at at a Volvo engine plant in central Sweden were given their marching orders after one of them described his place of work as a 'madhouse' in a Facebook status update.
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AB Volvo CEO to resign next summer
Business & Money: 8 Dec 10
After almost 14 years as president and CEO of AB Volvo, Leif Johansson announced his intention on Wednesday to resign in conjunction with his 60th birthday next summer.
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Volvo partners with WWF to reduce CO2 emissions
Science & Technology: 4 Nov 10
Sweden's Volvo Group announced on Thursday that it will become the world's first vehicle manufacturer to join the World Wide Fund for Nature's (WWF) Climate Savers Program, aiming to work towards becoming CO2-neutral.
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Profits jump for Swedish truckmaker Scania
Business & Money: 25 Oct 10
Swedish truckmaker Scania reported a steep rise in third-quarter profits on Monday, although a slow economic recovery in Europe kept sales figures below expectations.
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Indian Volvo workers strike over pay
Business & Money: 3 Aug 10
About 600 employees of a Volvo bus plant near Bangalore in India are striking for better pay and the return to work of four colleagues suspended following a dispute.
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Volvo shareholder keen on Renault stake
Business & Money: 21 Jun 10
Swedish holding company Industrivärlden, Volvo Group's second largest shareholder, has confirmed its interest in buying some or all of Renault's stake in the Swedish truckmaker.
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Volvo Group faces Thai damages writ
Business & Money: 1 Apr 10
Sweden's Volvo Group has been sued by a Thai truck dealer for 10.5 billion baht ($324 million) for allegedly unlawfully terminating two contracts.
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Volvo optimistic as losses mount
Business & Money: 5 Feb 10
Swedish truck maker Volvo says it sees signs of recovery in the global economy as it reports a net loss of 14.7 billion kronor ($1.96 billion) in 2009.
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Former Volvo directors oppose Chinese sale
Business & Money: 12 Dec 09
Chinese automaker Geely is not a suitable owner of Volvo Cars, according to eight former Volvo directors. But Volvo Cars management has dismissed the opposition to the deal as bordering on xenophobia.
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Geely secures Volvo financing: report
Business & Money: 27 Nov 09
The prospective buyers of Sweden-based Volvo Cars, Chinese firm Geely, have confirmed that they have secured the necessary financing for the deal.
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Truck maker Volvo posts heavy losses
Business & Money: 23 Oct 09
Swedish truck maker Volvo Group has reported a third quarter net loss of 2.92 billion kronor ($429 million), a result that was less severe than analysts had feared.
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Geely confirms Volvo interest
Business & Money: 8 Sep 09
Chinese car giant Geely confirmed on Tuesday that it is considering a bid for Ford's Swedish subsidiary Volvo Cars.
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Former parent 'not interested' in Volvo Cars
Business & Money: 17 Aug 09
Volvo Cars' one-time parent company Volvo Group has thrown cold water on claims that it is mulling membership of a consortium working to bring the auto maker back to Sweden.
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US owners take major stake in Volvo Group
Business & Money: 17 Aug 09
American investment firm Capital Group has become AB Volvo's second largest shareholder increasing its stake to six percent of the Swedish truck manufacturer.
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Record losses for Sweden's Volvo Group
Business & Money: 21 Jul 09
Swedish truck maker Volvo Group on Tuesday reported its largest-ever quarterly loss amid as massive write-offs and weak demand took their toll on profits.
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Volvo Buses lands major order from China
Business & Money: 22 Jun 09
Volvo Buses, along with its Chinese subsidiary, plans to deliever 1,500 buses to a group in Shanghai, China in a deal worth 1.3 billion kronor ($162 million).
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Volvo Group cancels some layoffs as other jobs are cut
Business & Money: 10 Jun 09
Sweden's Volvo Group announced plans on Tuesday to cut 160 white collar jobs at its aeronautics arm while at the same time more than 300 other workers were told their jobs had been spared.
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Volvo Group cancels planned layoffs after union deal
Business & Money: 29 May 09
Sweden's Volvo Group has scrapped plans to make 600 employees redundant following the completion of a deal with Swedish unions to cut working hours instead, the company announced on Friday.
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Scania to save jobs in Sweden with 4-day work week
Business & Money: 15 May 09
Truckmaker Scania announced on Friday plans to implement a 4-day week in June for its 12,000 workers in Sweden in an effort to avoid redundancies as the economic crisis continues to take its toll on truck sales.
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Volvo Cars turns to Belgium for loan help
Business & Money: 14 May 09
Following a breakdown in talks between Volvo Cars and the Swedish government over loan guarantees, the automaker now plans to ask authorities in Belgium for help securing a loan from the European Investment Bank (EIB).
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No European loan for Volvo Cars
Business & Money: 7 May 09
A bid by Volvo Cars to secure a €200 million ($266 million) loan from the European Investment Bank fell apart after talks with the Swedish government broke down, the company said on Thursday.
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Factory workers boo Volvo Group CEO
National: 29 Apr 09
Volvo Group CEO Leif Johansson was booed and heckled by disgruntled employees during a visit to a Volvo truck plant in Tuve near Gothenburg.
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Losses at Volvo as demand hits the skids
Business & Money: 24 Apr 09
Swedish truck maker AB Volvo confirmed mounting losses for the first quarter on Friday, reporting that demand has collapsed in the wake of the financial crisis.
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More layoffs at Volvo Group
Business & Money: 22 Apr 09
Volvo Group announced on Wednesday it was cutting an additional 1,543 jobs in Sweden, with most redundancies coming at the group’s Volvo Truck division.
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Volvo drops bid to boost executive pay
Business & Money: 4 Mar 09
Sweden’s Volvo Group said it was scrapping a proposal to raise executive bonuses on the same day its truck making subsidiary announced it was halting production at one of its plants.
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Volvo pay raise 'insulting': Reinfeldt
Business & Money: 2 Mar 09
Volvo Group’s plan to raise the salaries of 250 top executives is “insulting” according to Prime Minister Fredrik Reinfeldt.
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Volvo Group to boost executive pay despite losses
Business & Money: 27 Feb 09
Sweden’s Volvo Group announced on Thursday it had approved pay raises for 250 high-ranking executives this year, despite heavy fourth quarter losses at the world’s second largest truck maker.
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Volvo approves massive investment in new trucks models
Business & Money: 26 Feb 09
Swedish truck maker Volvo Group plans to make a groundbreaking investment of at least least €1.8 billion ($2.3 billion) to develop of new truck models this year.
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Volvo Group says no to French loan for Renault
Business & Money: 11 Feb 09
Sweden’s Volvo Group has rejected a loan from the French government designed to help the truck maker’s troubled Renault Trucks subsidiary survive the current economic crisis.
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Volvo Group finishes 2008 with huge loss
Business & Money: 6 Feb 09
Heavy vehicles maker Volvo AB reported a pre-tax loss of 2.5 billion kronor ($300 million) in the fourth quarter, compared to a profit of 5.6 billion the same period a year before.
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Volvo Cars to cut production in Sweden
Business & Money: 16 Jan 09
A drop in demand has moved Volvo Cars to reduce production at its main plant in Sweden in January and February, the company said on Friday.
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Volvo plans 1,620 layoffs
Business & Money: 13 Jan 09
Volvo Group has given notice to 1,620 workers in Sweden, the company announced on Tuesday afternoon.
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Volvo sees truck deliveries tumble in November
Business & Money: 16 Dec 08
Swedish truck maker Volvo said on Tuesday that its worldwide truck deliveries had plunged 21 percent in November and warned it would be forced to halt its European production for up to 25 days in the first quarter of 2009.
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Sweden to launch car industry aid package
Society: 11 Dec 08
The Swedish government announced plans on Thursday to launch a 28 billion kronor ($3.42 billion) aid package for the country's beleaguered car industry.
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Fewer jobs cut than expected at Volvo Cars
Business & Money: 8 Dec 08
Volvo Cars announced on Monday it would be shedding 2,721 of the 3,900 Swedish jobs it has previously announced would be cut.
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Opposition urges state car industry takeover
Business & Money: 2 Dec 08
Leading government ministers have angered unions and the opposition by ruling out the possibility of a state takeover of Volvo Cars should owner Ford elect to sell its Swedish subsidiary.
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Ford mulls Volvo sale
Business & Money: 1 Dec 08
Swedish car maker Volvo has said it was not surprised by US auto company Ford's announcement on Monday that it was considering selling its Swedish subsidiary.
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Volvo Group willing to help troubled Volvo Cars
Business & Money: 27 Nov 08
The Volvo Group has said it would help support Volvo Cars in order to protect the Volvo brand in the event that the carmaker’s parent Ford goes bankrupt.
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Volvo to cut 900 jobs
Business & Money: 11 Nov 08
Volvo has announced that it is to cut 900 jobs from its Powertrain operations in Sweden.
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New Swedish lay offs at Volvo Group
Business & Money: 23 Oct 08
Volvo Construction Equipment (CE), part of Sweden’s Volvo Group, announced on Thursday that 850 more employees would be laid off in Sweden.
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Japanese banks offer 'Ninja loan' to Volvo Group
Business & Money: 11 Jul 08
Japan's Mizuho Corporate Bank said on Friday it had arranged a $1.04 billion dollar syndicated loan for Sweden's Volvo Group.
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Volvo earnings strong despite North America woes
Business & Money: 6 Feb 08
Volvo has announced an 11 percent rise in fourth quarter net profit.
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Volvo to use new Indian facility as Asian export hub
Business & Money: 30 Jan 08
Swedish vehicle giant Volvo plans to turn a new Indian manufacturing facility into a low-cost export hub.
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Volvo profits below expectations
Business & Money: 24 Oct 07
Swedish truck-maker Volvo has reported an rise in profits in the third quarter, but the figures were below analysts expectations. The company's bus division made a loss.
READ »
North America drags down Volvo profits
Business & Money: 25 Jul 07
Swedish heavy lorry maker Volvo, the world's number two big truck manufacturer after Daimler-Chrysler, on Wednesday reported a second quarter fall in profits due to a weak market in North America.
READ »
Sweden and US in climate change deal
Politics: 28 Jun 07
Top level representatives from the Swedish and US governments met on Thursday to sign a cooperation agreement on the 'one big thing' - climate change. Volvo also committed to an environmental project partly funded by the two governments.
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Volvo completes Nissan Diesel purchase
Business & Money: 24 Mar 07
Swedish truck maker Volvo has completed its acquisition of Japan's Nissan Diesel in a friendly takeover.
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Volvo in billion-dollar Nissan buyout
Business & Money: 20 Feb 07
Swedish truckmaker Volvo has bought Japanese competitor Nissan Diesel for a billion dollars. The move will help both companies to better face competition, Volvo says.
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Volvo enters vehicle financing market in China
Business & Money: 31 Aug 06
Sweden's Volvo Group has launched an automotive finance arm to support its commercial vehicle business in China, one of the world's fastest growing automobile markets.
READ »
Volvo delivers more trucks
Business & Money: 26 Jun 06
The company's two foreign subsidiaries see deliveries increase in the first five months of 2006, but the Swedish arm does less well.
READ »
Volvo buys into Nissan
Business & Money: 21 Mar 06
Nissan Motor is to sell 13 percent of its 19 percent shareholding in Nissan Diesel Motor to Sweden's Volvo for 1.5 billion kronor.
READ »
Volvo delivers more trucks
Business & Money: 17 Mar 05
With the demand for automobiles stalling across Europe, the Volvo Group's three truck companies delivered 29% more trucks in January and February this year, compared to the same period last year.
READ »
20 things to know before moving to Sweden
As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »
How far can English take you in Sweden?
Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »
"The ice dripped in the winter sun. It was the first day when the light had been intense enough to cause dripping in the sunlight. To hear it was an extraordinary wakeup call. The cycle was happening again as it always does, always will (or so we think). I imagined that on my summer island, the bees..." READ »
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fin
adjective
Fin means anyhting from sweet to proper. When someone says, Du är så fin it's quite a compliment.
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