New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 19, 2014
19:20 EDTVOLVYVolvo to pay penalties on emission compliance of diesel engines
The U.S. Court of Appeals for the District of Columbia Circuit has ruled that the Volvo Group should pay penalties and interest of approximately SEK 508M following a dispute between the Volvo Group and the U.S. Environmental Protection Agency, EPA, regarding emission compliance of diesel engines. The Court of Appeals affirmed a District Courtís ruling that model year 2005 Volvo Penta engines violated the provisions of a Consent Decree. This is expected to have a negative impact on the Groupís operating income of approximately SEK 440M in Q314 in the segment Group functions and other. The Volvo Group had previously accounted for approximately SEK 68M as a provision and approximately SEK 422M as a contingent liability.
News For VOLVY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 19, 2015
05:36 EDTVOLVYVolvo reports Oct. truck deliveries up 2% to 20,193 vehicles
In October truck deliveries rose by 15% in Europe and by 6% in North America. On the other hand, deliveries decreased by 31% in South America and by 3% in Asia. In total the Volvo Group's wholly-owned operations delivered 20,193 trucks, which was 2% more than in October 2014. Production in North America will be adjusted as a consequence of lower demand and high inventories in the distribution channel.
November 13, 2015
11:47 EDTVOLVYSypris awarded long-term contract with Volvo North America
Sypris Technologies, a subsidiary of Sypris Solutions (SYPR), announced that it has been awarded a long-term contract with Volvo (VOLVY) Group North America LLC and Mack Trucks, Inc. for the supply of axle shafts for use on Volvo's Mack branded axle through 2018.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use