Press releases
| Volvo and Mack are the first truck manufacturers to have their engines certified by the U S Environmental Protection Agency and the California Air Resources Board as meeting upcoming 2010 diesel emissions standards, the most stringent in the world. |
| Total deliveries from the Volvo Group’s truck operations in October amounted to 13,050 vehicles. This was a decrease of 41% compared with the year-earlier period. At the same time, the majority of the truck operations have noted an increase of deliveries in October, compared with September this year. For the Volvo Group in total, the increase was 12% compared with September this year. |
| The Volvo Group, Sinotruk (BVI) Limited and China National Heavy Duty Truck Group Corporation (CNHTC) have signed an agreement whereby Sinotruk (BVI) Limited, a wholly owned subsidiary of China National Heavy Duty Truck Group Corporation, and CNHTC agrees to purchase all of Volvo Group’s equity interest in Jinan Huawo Truck Corporation (Joint Venture), in which Volvo Group currently holds a 50-percent equity interest. The agreement is subject to approval by the P.R.C. authorities. |
| Volvo Trucks North America’s D11 and D13 engines have been certified by the U.S. Environmental Protection Agency and the California Air Resources Board as meeting upcoming 2010 diesel emissions standards, the most stringent in the world. This means Volvo heavy-duty trucks will continue their essential service to the nation’s economy, but with a much smaller environmental impact. |
| Dr Susan Solomon is one of the world’s leading atmospheric chemists and is in Sweden to receive the Volvo Environment Prize on 5 November in Stockholm. The prize, this year worth SEK 1.5m (approx. € 150 000), is celebrating its 20th anniversary. It has become one of the science world’s most respected environmental awards. |
| The Swedish government’s venture capital company for the automotive industry, Fouriertransform, is now making its first investment. SEK 60 M will be invested in Powercell Sweden AB, which develops, produces and sells fuel cells, fuel reformers and auxillary power units. |
| Although the third quarter remained, as expected, challenging in terms of profitability, there are some positive signs indicating that the decline in demand has bottomed out and that we are now beginning a gradual recovery. These signs are the most obvious in the Group’s second largest region in terms of sales, Asia, where the economic growth is also reflected in demand for the Group’s products. |
| Volvo Buses has received an order for 100 bi-articulated Volvo B9SALF buses to Sao Paulo in Brazil and an order for a further 84 articulated buses for the BRT system in Bogota, Colombia. Volvo will thus strengthen its position as the leading supplier of buses for these smart transport systems. |
| The Volvo Trucks cab factory in Umeå, will soon be an entirely CO2-neutral factory. This is being achieved by replacing propane with DME and by cutting energy consumption through the use of an ice-cold underground river to cool the production machinery. At the same time, considerable environmental improvements in the paintshop have helped create the world’s cleanest and most energy-efficient paintshop. |
| AB Volvo hereby invites the media to a press conference on Friday, October 23 in conjunction with the release of the Volvo Group’s interim report for the third quarter of 2009. |
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