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Volvo has released the first photos of one of this year's most anticipated new car launches - the all-new 2009 Volvo XC60. "This is not only the safest Volvo ever - it's also the most stunning," says Volvo Cars President and CEO Fredrik Arp. The new XC60 makes its world premiere at the Geneva ...
Swedish truck-and-bus maker Volvo AB said today it would recall 125,000 trucks in North America because of a fire hazard. Tommy Kohle, a spokesman for the Goteborg-based company, said it would recall the Volvo VN, Volvo VHD and Volvo VT models constructed from 2003 to the present. The trucks have been sold in the U.S., Mexico ...
Automobile maker Volvo Cars is recalling 56,000 vehicles because of two separate problems. Volvo Cars spokeswoman Maria Bohlin said 38,000 diesel cars of the S60, V 70 XC 70 and XC 90 models made in 2006 were being called back in Europe due to a material fault that could cause the motor catching fire. The second ...
STOCKHOLM, Sweden (AP) _ Volvo AB's profit dropped 14 per cent in the second quarter, the truckmaker said Wednesday, as it was hurt by higher costs and tough market conditions in North America after new U.S. emission regulations took effect. For the three months ended June 30, the world's second-largest truck maker said it earned ...
LONDON (AP) _ Ford Motor Co. is preparing to sell Volvo, a British newspaper reported Sunday. The Sunday Times, citing unnamed sources in London, said the decision to sell Volvo was made in the past two weeks, but that the timing of the sale had yet to be decided. No bank had been appointed to ...
STOCKHOLM, Sweden (AP) _ Swedish bus and truck maker A-B Volvo says it plans to delist from the Nasdaq exchange because of insufficient trade. It also announced today it will also deregister its shares from the U.S. Securities and Exchange Commission. The delisting is expected to be completed at the end of this year. Volvo has previously ...
STOCKHOLM (AP) _ Swedish bus and truck maker AB Volvo said Tuesday it will invest 530 million kronor (US$76.3 million) in a French plant of subsidiary Renault Trucks to increase assembly and painting capacity. Renault Trucks' cab plant in Blainville produces cabs for all of its truck models. The changes ...
Volvo AB posted a 24 per cent increase in fourth-quarter profit Friday as sales growth stalled for the world's second-biggest truckmaker, missing analysts' forecasts. But Volvo shares rose as the company reported strong order bookings, declared it would pay shareholders an extraordinary dividend and raised its forecast for growth in ...
The Swedish tax authority said Wednesday it has ordered Volvo Cars AB to pay about US$37.2 million in back taxes, saying it filed incorrect income statements for 2005 and 2006. A holding company for Volvo's American owner Ford Motor Co. has also been ordered to pay about $186 million in ...
A Swedish court on Friday granted permission to Volvo Cars, a unit of Ford Motor Co. (NYSE:F), to increase its car production to 350,000 vehicles a year from a previous limit of 260,000 vehicles at its Torslanda plant in Goteborg, Sweden. The permission was granted by a court dealing with ...
Swedish truckmaker Volvo AB's North American division said Monday it will cut about 1,000 jobs at an assembly plant in Dublin, Va., next year because of an expected drop in demand. The layoffs at the New River Valley Plant, which employs about 3,170 workers and produces vehicles for both Volvo ...
Truck manufacturer Volvo says it will lay off 600 workers at its Hagerstown plant in the first half of 2007. The Swedish company says the layoffs reflect expectations for an industry-wide decline in demand for heavy-duty trucks equipped with new anti-pollution technology. The technology is necessary to meet U.S. emission ...
Sweden's AB Volvo said Monday it will spend about 500 million Swedish kronor (US$69 million) to raise its stake in Japan truck maker Nissan Diesel Motor Co. to 19 per cent. Volvo had bought a 13 per cent stake in Nissan Diesel in March from Tokyo-based Nissan Motor Co., and ...
A Swedish private-equity fund said Wednesday that it has five per cent of the voting rights in Swedish truckmaker Volvo AB and will seek membership on the company's board to force a restructuring. In a statement to the Stockholm stock exchange, Swedish investor Christer Gardell's Cevian Capital II Master Fund ...
The Multi Fuel Vehicle is a concept car from Volvo that can run on any of five different fuels. As part of their aim at finding different ways to sustainable mobility, Volvo Car Corporation has developed a system for a multitude of fuels. The Volvo Multi-Fuel is a prototype car, ...
Volvo's XC90 Sport has been introduced in Europe and should reach North American markets later this year. Volvo Car Corporation is expanding the XC90 range with a new variant - the Volvo XC90 Sport. With a dynamic chassis setting and a unique appearance and specifications, the Volvo XC90 Sport will ...
Volvo's new small car, the C30, begins production at the end of 2006. The first official photos of the exciting new Volvo C30 were released by Volvo Car Corporation in preparation for the car's global unveiling this September at the Paris Motor Show. The photos come just seven months after ...
Not just a pretty face. The all-new Volvo S80 includes a host of new safety features. Bottom photo is a rendering of Volvo S80 with cutaway view of reinforced side structure, engine compartment and side impact airbags. In the tradition of the first generation Volvo S80 luxury sedan that introduced ...
STOCKHOLM (AP) _ AB Volvo, maker of Mack Trucks in the United States, said Friday its earnings grew 19 per cent in the second-quarter on strong sales in Europe and North America. The profit beat expectations but Volvo shares fell 1.1 per cent in Stockholm to close at 365 kronor ($49.91) amid worries that ...
Bus and truck maker AB Volvo said Monday its Canadian subsidiary Nova Bus of Quebec has received an order for 731 buses from the province of Quebec worth $300 million. The order for the buses was placed by ATUQ, a purchasing group consisting of nine of Quebec's transit authorities. The buses will be delivered between ...
GOTEBORG, Sweden (AP) _ Ford Motor Co. (NYSE:F) said Friday it will build a centre for developing new fuel-efficient hybrid systems in Goteborg, where its subsidiary Volvo Cars is located. The centre will produce new hybrid technology for all of Ford's brands in Europe and for Volvo models worldwide, the companies said. The centre will ...
STOCKHOLM (AP) _ Swedish truck and bus maker Volvo AB said Wednesday it has received an order for 1,000 trucks from Hungarian transportation company Waberer's Optimum Solution. The company said the order is for the Volvo FH trucks, which will be delivered over a three-year period. The value of the order was not announced. Volvo said ...
Truck maker A-B Volvo has posted a 23 per cent increase in first-quarter earnings. The better-than-expected results sent Volvo shares soaring nearly seven per cent on the Stockholm exchange. Volvo, which sold its car division to U-S-based Ford Motor Company in 1999, says its net profit in the first three months of the year was 531 ...
STOCKHOLM (AP) _ Swedish truck and bus maker AB Volvo said Friday its fourth-quarter profit fell 15 per cent to 2.99 billion kronor ($388 million US) as higher costs for product launches offset rising sales. The company's more closely watched pre-tax profit dropped 10 ...
STOCKHOLM (AP) _ Swedish bus and truck maker AB Volvo said Thursday it is recalling 42,000 trucks in North America because of defective inlet pipes that could cause fires in the engine compartment. The recall, concerning Volvo's VN and VHD models, comes after what the company said were ``cases of heat damage'' in engine compartments as ...

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