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6/22/2009Major agreement for Volvo Buses in China
» Volvo Buses, with subsidiary Sunwin Bus, signed a framework agreement for 1,500 buses with bus operator Bashi Group in Shanghai, China. The agreement is valued at approximately SEK 1.3 billion and the buses will be delivered up to the opening of the World Expo in Shanghai in May next year.
6/17/2009Volvo secures order for 90 buses for New York City
» Volvo Buses’ subsidiary in North America, Nova Bus, has secured an order for 90 articulated buses for New York City. The buses will be assembled at the new plant in Plattsburgh, US, which was opened on Monday.
5/29/2009Order for 100 Volvo buses in Hong Kong
» Volvo Buses has received an order for 100 buses from Kowloon Motor Bus Company Ltd (KMB) in Hong Kong. The order involves 60 double-decker and 40 single-decker 12-meter buses.
4/28/2009World premiere for Volvo’s hybrid bus in Göteborg
» When Volvo’s new hybrid bus now for the first time begins to carry passengers, it is happening in Göteborg. The Göteborgs Spårvägar transit company is participating in a field test with the hybrid bus that provides major fuel savings as a result of electric drive and shutting off the diesel engine at bus stops.
4/24/2009Recession is affecting Volvo Buses’ earnings
» The recession and the financial crisis are now also beginning to increasingly affect the bus industry. Although Volvo Buses reports an increase in sales during the first quarter, the number of delivered buses was lower.
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