Press releases 2008
| Volvo hereby invites the media to a press conference on Wednesday, July 23 in conjunction with the release of the Volvo Group’s report on the second quarter 2008. |
| Volvo Buses has signed a letter of intent covering the sale of the body plant in Turku, Finland. The sale is part of the company’s efforts to enhance the efficiency of the European operations. |
| In response to growing transport needs Volvo Trucks opened a large service facility in Belgrade, Serbia, last month. 2007 was a record year for Volvo Trucks in the Serbian market. The truck deliveries more than doubled compared to the previous year. |
| The government of the United States and the Swedish State intend to extend their cooperation with the Volvo Group concerning development of alternative drivelines. The consequences of the extended cooperation include the US Department of Energy, DoE, and the Swedish Energy Agency providing a three-year grant to the Volvo Group in a combined amount of USD 18 M for the development hybrid technology and drivelines for alternative fuels. |
| Volvo Buses has secured its largest order to date for the ITS4mobility telematics system. The system is to be installed on 1,400 buses in the city of Goiânia in Brazil and will enhance the efficiency of bus operations. |
| Volvo Trucks’ Hungarian subsidiary, Volvo Hungary Trading and Services Kft, has signed a frame agreement for 1,500 trucks with transport and logistics company Waberer’s Optimum Solution. |
| Total deliveries of trucks from the Volvo Group’s four truck companies in May amounted to 22,198, which is an increase of 15%, compared with the year-earlier period. |
| Today, Volvo Trucks unveiled a new generation of FH, FH16 and FM trucks. Safety, driver environment and the driver were the focal points in development of the new models. One of the major new features is a support system that monitors and alerts the driver if he or she becomes tired. The system can contribute to reducing the number of traffic accidents through solving a human problem. |
| Volvo Trucks has inaugurated its first climate-neutral dealership facility. The inauguration took place in Verona, Italy. With the help of solar cells on the building’s roof, more energy will be produced than is needed to heat up the offices and workshops. |
| Fredrik Brunell, presently Chief Financial Officer, Volvo Aero, has been appointed new Vice President, Head of Corporate Finance, AB Volvo. He will assume his new position on August 25, 2008, reporting to the Group CFO. |
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