Press releases

7/21/2014

Volvo Buses and ABB in electro mobility cooperation

Volvo Buses and ABB have signed a partnership agreement regarding automatic e-bus chargers for electric-hybrid and full-electric Volvo buses. The cooperation enables the companies to deliver complete electrified bus solutions to cities.

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7/19/2014

Volvo Group ordered by US Court to pay penalties in engine emission case

The U.S. Court of Appeals for the District of Columbia Circuit has ruled that the Volvo Group should pay penalties and interest of approximately SEK 508 million following a dispute between the Volvo Group and the U.S. Environmental Protection Agency (EPA) regarding emission compliance of diesel engines. The Court of Appeals affirmed a District Court’s ruling that model year 2005 Volvo Penta engines violated the provisions of a Consent Decree. This is expected to have a negative impact on the Group’s operating income of approximately SEK 440 million in the third quarter of 2014 in the segment Group functions and other.

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7/18/2014

Volvo Group – the second quarter 2014

When we summarize the market development for the second quarter and begin with the Truck operation, we can conclude that our business in North America and Japan had positive trends in market shares, volumes and capacity utilization. Following the weak first quarter, the European market recovered gradually during the second quarter, but the improvement started somewhat later than we had anticipated. During the quarter, the Brazilian market developed as we anticipated, with lower order intake and sales. With respect to Construction Equipment, the second quarter has been characterized by a considerable decline in the Chinese market.

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More stories

7/21/2014

Penta engines in operation at European Space Agency

Volvo Penta’s industrial engines are used all over the world and one of the most…
Space rocket

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7/18/2014

Volvo Group – the second quarter 2014

When we summarize the market development for the second quarter and begin with the Truck…
Landscape Cargo

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7/14/2014

Build your own Volvo wheel loader – in Lego

It has been called “possibly the greatest intra-Scandinavian alliance ever” –…
Volvo CE Lego

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