With hundreds in attendance, the Volvo Group today celebrated the inauguration of its new one million square-foot Central Distribution Center (CDC) in Byhalia, Mississippi. The $70 million state-of-the-art facility supports the company’s Mack and Volvo truck brands, as well as Volvo Construction Equipment and Volvo Penta.
The number of votes in AB Volvo has changed due to the conversion of a total of 1.705.220 Series A shares to a total of 1.1705.220 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares, which was entered in the Articles of Association at the 2011 Annual General Meeting.
Volvo Buses’ Euro 6 engines for city buses and intercity buses have now been certified to run on HVO, a renewable fuel that replaces regular diesel. The fuel copes with storage and low temperatures in the same way as regular diesel, and reduces CO2 emissions by up to 90 per cent.