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VOLVF / Volvo Group hits Q2 trifecta of higher sales, profit and share gains

Volvo Group hits Q2 trifecta of higher sales, profit and share gains
Volvo Group checked the boxes for higher sales, profits and market share for its trucking business in the second quarter despite ongoing supply chain disruptions. “Our customers in most regions are benefiting from high transport and infrastructure activity, which continues to drive good demand for our products and services,” Martin Lundstedt, Volvo president and CEO, said in an earnings report. Read More
Posted: Jul 19 2022, 14:49
Author Name: FreightWaves
Views: 110784

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EU risks losing energy transition race, Volvo and Vattenfall warn

By Reuters
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EU risks losing energy transition race, Volvo and Vattenfall warn

Europe risks being left behind on green energy innovation and investment if various pieces of legislation are not aligned and simplified, the CEOs of more_horizontal

Volvo Group in deal to buy half of new Swedish wind farm's power

By Reuters
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Volvo Group in deal to buy half of new Swedish wind farm's power

Swedish manufacturer Volvo Group, has signed a 10-year deal to buy half of the power produced by Sweden's new Bruzaholm wind farm starting in 2025, th more_horizontal

Volvo Group names new president of Mack Trucks

By FreightWaves
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Volvo Group names new president of Mack Trucks

Martin Weissburg is retiring as president of Mack Trucks. He will be succeeded June 1 by Stephen Roy at the Volvo Group manufacturing subsidiary. more_horizontal

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By Seeking Alpha
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Volvo Car: Transforming With BEVs And DTC Changes

BEV sales have been strong the last two quarters and they now account for 18% of overall unit sales. The UK is their third biggest market and manageme more_horizontal

Volvo: Strong Truck Demand And Easing Production Pressures Encouraging

By Seeking Alpha
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Volvo: Strong Truck Demand And Easing Production Pressures Encouraging

Volvo Group has seen strong growth in sales and overall earnings in the most recent quarter. Truck demand remains strong and production bottlenecks ar more_horizontal

Volvo Cars CEO: 'We will remain with price discipline'

By CNBC International TV
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Volvo Cars CEO: 'We will remain with price discipline'

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Volvo Cars Tech Fund invests in driver monitoring startup CorrActions

By TechCrunch
April 24, 2023

Volvo Cars Tech Fund invests in driver monitoring startup CorrActions

CorrActions, an Israeli startup that, among other things, built a driver monitoring system that can understand a driver's cognitive state, today annou more_horizontal


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