Volvo, Kubota invest in AI-driven tech firms
Two top dogs in the heavy-equipment industry have zeroed in on AI-driven tech companies, further solidifying the AI revolution’s arrival. ...
Tag: Volvo
Charged up: Financiers prep for the EV future
Commercial EV financiers and charging manufacturers are aiming to meet customer needs in the transportation industry as new regulations loom. ...
Volvo CE deliveries, sales drop amid declining demand
Swedish equipment manufacturer Volvo Group’s construction equipment deliveries and net sales decreased in the second quarter as demand normalization prompted ...
Volvo says price rises help returns as truck demand softens
Volvo AB’s second-quarter earnings surpassed expectations and reassured after pessimistic updates from rivals as the truckmaker managed to defend its ...
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 ...
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 ...
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