QUOTE AND NEWS
Automotive World  Dec 19  Comment 
Renault has cut its ties with AB Volvo and raised €1.476bn (US$1.92bn) in the process. Given the parlous state of many of Volvo’s core markets at present, divesting its remaining 6.5% stake at just a 3% discount must have caused some rejoicing...
Wall Street Journal  Dec 12  Comment 
Renault said it is raising about $2.1 billion through the sale of its remaining 6.5% stake in Swedish truck maker AB Volvo.
Bulk Transporter  Sep 19  Comment 
Swedish commercial vehicle manufacturer AB Volvo increased its shareholding in Deutz AG from 6.7% to just over 25%.
Benzinga  Jul 24  Comment 
Volvo AB (OTC: VOLVY) reported a 5% drop in its net profit for the second quarter. Volvo's attributable net profit declined to 4.86 billion ($700 million) Swedish kronor, from SEK5.12 billion, in the year-earlier period. Its operating profit...
The Hindu Business Line  Oct 25  Comment 
The Andhra Pradesh State Road Transport Corporation on Tuesday announced the addition of 300 new buses to its fleet, including a luxury multi-axle range sourced from Mercedes Benz and Volv...
Benzinga  Oct 25  Comment 
Volvo AB (OTC: VOLVY) reported an increase in its quarterly net profit. Volvo's net profit in the three months to September 30 rose to 3.83 billion kronor ($583 million), from SEK2.81 billion. Its revenue gained 15% to SEK73.32 billion....
Canadian Business  Apr 27  Comment 
STOCKHOLM - Swedish truck maker AB Volvo saw profits more than double in the first quarter as demand for heavy vehicles improved worldwide, the
Canadian Business  Mar 30  Comment 
STOCKHOLM - Swedish truck maker AB Volvo says it has decided to recall 700 workers at its New River Valley plant in Virginia, following an
Canadian Business  Feb 4  Comment 
STOCKHOLM - Swedish truck maker AB Volvo on Friday posted a profit for the fourth quarter, bouncing back thanks to a jump in sales on all its
Financial Times  Dec 8  Comment 
Leif Johansson, who has headed the Swedish truckmaker for nearly 14 years, has informed the board that he will resign in conjunction with his 60th birthday next summer





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