Ferronordic enters US market strong, despite construction softness
Construction and truck equipment dealer Ferronordic completed its first full quarter in the United States with the American division becoming ...
Tag: Volvo
Electrification hesitation as haulers evaluate hydrogen
Orders for Volvo-manufactured electric trucks and construction equipment declined in the first quarter as the industry hesitates to adopt battery ...
Volvo Financial Services new business volume down 5% in quarter
Volvo Financial Services’ new business volume dropped 5% in the first quarter of 2024 as the number of units it ...
Volvo North American orders drop amid inventory management
Swedish equipment manufacturer Volvo Group’s construction equipment and truck orders decreased in the first quarter as the manufacturer navigated supply ...
Volvo, Renault launch commercial vehicle joint venture
Equipment manufacturers Volvo Group and Renault Group have launched commercial vehicle joint venture Flexis SAS, in a bid to develop ...
Volvo Group invests in Zacua Ventures as ESG efforts expand
Global construction and transportation equipment manufacturer Volvo Group has invested in venture capital firm Zacua Ventures to further its sustainability ...
Volvo Financial launches new leasing model to speed electric truck adoption
Volvo Financial Services’ latest leasing offering for Mack MD Electric trucks is rolling out across the country in a bid ...
‘Grow or go:’ M&A activity puts pressure on equipment dealers
The acquisitions of three equipment dealers in January highlight the pressure small and independent shops are facing amid high interest ...
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