Volvo is making a provision of €400m ($497m) to pay any possible fine to be imposed by the European Commission as a result of its ongoing investigation into the company’s violation of antitrust rules. The provision will ...
Nova Bus, a North American subsidiary of Volvo Group, has won a vehicle supply contract worth $32.6m from the Canada-based transit authority, the Toronto Transit Commission (TTC). Under the contract, Nova Bus will supply 55 units of ...
Tags: Nova Bus, Volvo Group
Swedish automobile manufacturer Volvo Trucks has expanded its portfolio with the introduction of a low-entry variant of Volvo FE for Euro 6, the Volvo FE LEC (Low Entry Cab). The revamped truck features a low entry cab with flat floor ...
On January 7, 2014 the National Development and Reform Commission (NDRC) in China gave its approval of the establishment of a joint venture between the Volvo Group and Dongfeng Motor Group Company Limited. Before completion of the ...
Tags: NDRC, DFCV, DFG, joint venture
Swedish automotive manufacturer Volvo Group and Chinese Dongfeng Motor Group have received the National Development and Reform Commission (NDRC) approval for the establishment of a joint venture in China. The joint venture is subject to ...
Tags: Volvo, Joint Venture
Renault has announced the sale of its complete shares in the AB Volvo group to reduce the debts and improve its financial position. The company is selling the shares which represent 6.5% of the total shares and 17.2% of the voting rights ...
Tags: Volvo Shares, Volvo group, Renault, Volvo
Swedish bus, truck and construction equipment manufacturer AB Volvo has signed a letter of intent (LOI) with MAPE to sell its crankshaft plant located in Leganes, Spain, as a part of restructuring and cost-cutting plan. The LOI includes ...
Tags: bus, truck, construction equipment, AB Volvo, crankshaft