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August 21, 2014
05:48 EDTVOLVYVolvo reports July truck deliveries down 9% to 15,410
Deliveries from the Volvo Groupís truck operations in July amounted to 15,410 vehicles. This was a decrease of 9% compared with the year-earlier month. On a regional basis July deliveries declined by 36% in South America and by 17% in Europe while deliveries increased by 21% in North America. In July 8,616 Volvo trucks were delivered, a decrease of 13% compared with the same month last year. In Europe 2,944 vehicles were delivered during July, down by 24% compared with July 2013. Deliveries in Eastern Europe were down by 27% mainly due to lower demand in Russia. Demand in North America continued to be good and deliveries increased by 25% to 2,941 vehicles in comparison with the same period last year. Deliveries in South America decreased to 1,446 trucks in July, a decrease of 36% compared with July 2013. The decrease is a consequence of lower demand as well as inventory reduction in the dealer channel.
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October 1, 2015
05:32 EDTVOLVYALLDATA Europe announces licensing agreement with Volvo
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September 28, 2015
06:57 EDTVOLVYNHTSA mulls Takata air bag recall expansion, Bloomberg reports
The National Highway Traffic Safety Administration, or NHTSA, is mulling an order that would expand that recalls of Takata (TKTDY) air bags and has contacted seven manufacturers who may be affected, including Volkswagen (VLKAY) and Tesla (TSLA), Bloomberg reports. Takata had identified seven companies that it has supplied with air bag inflators that use ammonium nitrate propellant, the report says, citing NHTSA letters dated September 22. The NHTSA also contacted Mercedes-Benz (DDAIF), Jaguar Land Rover (TTM), Suzuki (SZKMF), Volvo Trucks (VOLVY), and Spartan Motors (SPAR), the report says. Reference Link

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