• Sweden edition

Volvo_trucks

The following articles have been tagged with "Volvo_trucks":

Volvo Trucks slashes 450 jobs

Business & Money: 25 Oct 11
Swedish truck maker Volvo announced on Tuesday that it was cutting 450 jobs, after reporting that third quarter profit came in under expectations amid a shrinking European market. 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. READ »

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. READ »

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. READ »

Volvo under fire for Shanghai show 'babes'

Business & Money: 20 Apr 11
When Volvo Trucks opened their display for press at the Auto Shanghai 2011 fair on Tuesday, a number of women in evening dresses and high heels were there to greet the gathered journalists. READ »

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. READ »

Scania and Volvo in EU competition probe

Business & Money: 18 Jan 11
Swedish truckmakers Scania and Volvo AB are among the companies included in a cartel investigation launched by the European Commission on Tuesday. READ »

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. READ »

Volvo Trucks posts surprise Q2 profit

Business & Money: 22 Jul 10
Volvo Trucks, the world's second-largest maker of heavy-duty trucks, reported unexpectedly strong quarterly profits on Thursday and maintained its forecast of recovery in US and European markets. READ »

Swedish grocers' earnings outstrip CEOs

Business & Money: 1 Oct 09
The most successful franchisees of the Swedish grocery store chain ICA are coining in more remuneration than many CEOs of large companies listed on the Swedish stock market. READ »

Volvo truck sales collapse by half

Business & Money: 27 Aug 09
Swedish truck manufacturer Volvo Trucks has reported that sales of its vehicles collapsed by 54 percent in July. READ »

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. READ »

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. READ »

Scania sees profits and orders plummet

Business & Money: 27 Apr 09
Net profits at Swedish truckmaker Scania plunged 93 percent to 179 million kronor for the first quarter ($21.8 million), the company reported on Monday as orders for new vehicles also took a dive. READ »

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. READ »

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. READ »

Swedish auto firms secure European loans

Business & Money: 11 Mar 09
Swedish car maker Volvo Cars, and truck makers Volvo Trucks and Scania, have secured loans totalling one billion euros ($1.26 billion) from the European Investment Bank. READ »

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. READ »

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. READ »

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. READ »

Scania halts European production for a month

Business & Money: 3 Dec 08
Swedish truck maker Scania announced on Wednesday it was closing down production across Europe for one month because of weaker demand. READ »

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. READ »

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. READ »

Volvo to lay off 600 workers

Business & Money: 29 Oct 08
Swedish truck maker Volvo is to cut 600 jobs in Sweden and Belgium on top of the 1,400 redundancies announced last month. READ »

Volvo trucks profits on downhill roll

Business & Money: 24 Oct 08
Volvo trucks took a major stock market hit on Friday morning on news that third quarter profits were down 35.5 percent on last year. READ »

Worst day of trading since 9/11

Business & Money: 6 Oct 08
Stockholm's stock exchange plunged on Monday at a rate not seen since the terrorist attacks of September 11th 2001. READ »

New staff cuts from Volvo Trucks

Business & Money: 30 Sep 08
Volvo Trucks announced plans on Monday to lay off 1,000 factory workers in Sweden and 400 in Belgium due to declining demand for trucks in the European market and the rising cost of raw materials. READ »

Volvo posts strong earnings

Business & Money: 25 Apr 08
Swedish truck maker Volvo posted strong first-quarter profits boosted by heightened demand in all markets except North America. READ »

Auto industry jewel slips into foreign hands

Business & Money: 3 Mar 08
Volkswagen's acquisition of truckmaker Scania saw one of the Swedish auto industry's last crown jewels pass into foreign hands, following in the footsteps of Volvo and Saab. READ »

More Swedish investment flowing to France

Business & Money: 21 Feb 08
Sweden is now the second largest source of foreign investment in France. READ »

Volvo in nuclear energy retreat

Business & Money: 12 Oct 07
Truck maker Volvo has announced that it will cease buying Swedish nuclear power at the end of this year. READ »

Volvo Trucks suffers sales fall

Business & Money: 24 Sep 07
Volvo Trucks saw deliveries fall in the first eight months of the year, with a downturn in North American sales cancelling out improvements in almost every other market. READ »

Volvo Trucks extends alcolock range

Business & Money: 3 Sep 07
Volvo Trucks is extending the range of alcolocks available for its heavy trucks. The company hopes to see the on-board breathalyzers introduced as standard throughout the EU. READ »

Ford sets price tag for Volvo

National: 15 Jul 07
Ford is preparing to sell its Swedish carmaking arm Volvo Cars for $8 billion, it has been reported. The sale follows a period of losses for the US auto group. READ »

Volvo workers in 'wildcat' strike

Business & Money: 28 Jun 07
An unofficial strike broke out at a Volvo Trucks plant in Umeå on Thursday. 150 workers downed tools after disagreements over wage negotiations. READ »

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 »

Profit surge for Volvo trucks

Business & Money: 21 Jul 06
Swedish truck maker Volvo has posted a 19 percent increase in second quarter earnings citing solid sales in Europe. 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 recalls 42,000 trucks

Business & Money: 27 Jan 06
Volvo Trucks has said that its North American division is recalling 42,000 trucks because of a fault in their exhaust gas re-circulation system. READ »

Boeing boost to Volvo as China venture suffers

Business & Money: 22 Dec 05
Volvo lands a two-billion kronor contract with General Electric to make engine parts for its Boeing 777 planes - while the industrial vehicles arm closes one joint venture in China with anonther to follow suit. READ »

Volvo recalls 13,000 trucks

Smörgåsbord: 3 Jun 05
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 »


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