BNET Industries
- Private
- US
Dow Jones Description
The Volvo Truck Corporation is the second-largest heavy-duty truck brand in the world; more than 95% of the trucks we build are in the heavy weight class above 16 tonnes. Our trucks are sold and serviced in more than 140 countries all over the world. The company's retail strategy is based on customer orientation and is supported by over 2300 dealerships and workshops. The trucks are the core products in our total offer, which also includes aftermarket, service and extended offers. Volvo Trucks has a production structure based on global presence. We have eight wholly-owned assembly plants and nine factories owned by local interests. About 95% of the company's production capacity is located in Sweden, Belgium, Brazil and the USA. Throughout our production apparatus and our entire organisation we focus on our core values: Quality, Safety and Care for the Environment. With 21,000 dedicated employees, Volvo Trucks strives to have satisfied customers and to be an attractive employer.
Contact Information
7900 National Service Rd
Greensboro, North Carolina 27409
1 336 393 3889
Peer Companies
NAICS Code Automobile Manufacturing: 336111
Recent Events
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GM to Shut Saab Unit
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UPDATE: GM To Close Saab After Talks With Spyker Collapse
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First Middle East Volvo Rents store opens in Abu Dhabi
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China: Geely Teams on EVs with Taiwan's Yulon
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Terra's Unit Signs Agreement To Supply Diesel Exhaust Fluid To Ford
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Volvo Recalls 5,200 XC60s
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CARB to Look at More Flexible Truck & Bus Rule; Rewriting Challenged Research Report
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Hong Kong-listed Geely unit suspends trading
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Swedish consortium vies for Volvo Cars: report
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Iceland Frozen Foods acquires 70 Volvo FM artics
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Ford Executives Said to Revise Volvo Bid
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Geely: Volvo Gets to Keep Intellectual Property If We Buy Company
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• GM's Saab deal falls through
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Geely Taps China Banks for Volvo Financing
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Geely taps China banks to back $1.8 billion Volvo deal
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HONG KONG NEWSPAPER HIGHLIGHTS - DEC 8, 2009
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Geely taps China banks to back Volvo deal: sources (Reuters)
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Geely To Acquire Volvo's Key Technologies
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Notable Mergers and Acquisitions of the Day for 11/27: F, S/IPCS, STAR/CSCO, HRAY
News & Analysis
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manufacturing and volvo - All News and Analysis
Ex-Ford Execs in Bid For Volvo - Report
(Reuters UK) - A group led by former Ford Motor Co F executives has submitted a revised bid this week for Ford's Volvo unit and hopes to beat the offer by Chinese carmaker Zhejiang Geely Holding Group, the Wall Street Journal reported citing people familiar with the situation.The group, called...
Volvo loss narrows on sweeping cost cuts
STOCKHOLM, Oct 23 - World number two truckmaker Volvo posted a smaller-than-expected third-quarter operating loss thanks to sweeping cost cuts and stood by its outlook of sharp declines in its main markets.The results were expected to damp worries that the commercial vehicles maker, which reported its worst-ever quarterly loss...
US consortium vies for Volvo
A US-led consortium is challenging Geely Automobile of China in the race to buy Volvo, the lossmaking Swedish carmaker, from Ford.The Crown consortium is fronted by Michael Dingman, a former Ford director and veteran turnround specialist, and Shamel Rushwin, a former executive at Ford and Chrysler, according to people...
If Ford Drops Volvo, Will GM Drop Saab?
Now that Ford is willing to sell or otherwise give up Volvo, will GM's Saab unit be the next shoe to drop? Saab and Volvo share some of the same problems, from a Detroit standpoint. by Jim Henry
Volvo: US Environmental Protection Agency Recognizes Mack for Reduction in Emission of Greenhouse Gases
STOCKHOLM, Sweden -- Regulatory News: At a meeting in Chicago last Wednesday, the US Environmental Protection Agency EPA recognized the Volvo Group's (STO:VOLVA)(STO:VOLVB) US subsidiary Mack for the company's successful efforts in significantly reducing the emission of greenhouse gases. It was within the framework of the Climate Leaders...
Volvo Aero Services and Boeing Extend Partnership Agreement
STOCKHOLM, Sweden -- Regulatory News: Volvo Aero Services Corp and The Boeing Company (NYSE:BA) have extended a marketing and distribution partnership agreement, originally established in 1999, for an additional 10 years. Within the agreement, Volvo Aero Services will continue to provide multiple asset management services to support the distribution...
Swedish fund Cevian buying Daimler shares: report
BERLIN, AFP — The Swedish investment fund Cevian Capital is buying shares in the German car maker Daimler, a press report said on Tuesday. The Sueddeutsche Zeitung quoted an unidentified fund manager as saying that Cevian, which also owns stock in the Swedish group Volvo, had bought packets of...
Briefly...
IN MOTION Cimatron Ltd. has reported a record year. Revenues were up 35 percent to $28.7 million for the provider of integrated CAD/CAM solutions for the toolmaking and manufacturing processes. Chicago Extruded Metals Co. has completed a $2 million modernization of its casting and material handling facility in Cicero, IL....
Heavy industry: Volvo bulks up the state's manufacturing sector by making construction equipment in the mountains.(PICTURE THIS)
At the Volvo Construction Equipment factory in Asheville, they do things big. As in a just-expanded 400,000-square-foot factory. As in building excavators 36 feet long and nearly 12 feet wide that weigh up to 87,540 pounds and cost nearly $300,000. T At the Volvo Construction Equipment...
Ford manages to shrink losses
DEARBORN, Mich. -- Ford Motor Co. posted a third-quarter loss of $380 million on Thursday, a vast improvement over its $5.2 billion loss a year earlier. Although the performance was worse than its second-quarter profit of $750 million, Ford still was in the black for the year...
Industry Transcripts by Seeking Alpha
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The Pep Boys F3Q09 (Qtr End 10/31/09) Earnings Call Transcript
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