Informacje prasowe
| Volvo IT and business system supplier IBS have signed an agreement making it possible for IBS’ customers to allow Volvo IT responsibility for operating their business systems.
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| Volvo Treasury AB (publ) has today published its report for the first six months of 2008. |
| Total deliveries of trucks from the Volvo Group’s four truck companies in July amounted to 19,243, which is an increase of 2%, compared with the year-earlier period. |
| This autumn, Volvo Buses is launching its new hybrid bus in Europe, the Volvo 7700 Hybrid. It is being unveiled for the first time at the major IAA bus and truck show in Hanover, Germany, in September. Volvo’s hybrid technology generates a fuel saving of up to 30%. |
| The Volvo Group has now finalized the deal with Eicher Motors for the establishment of a new Indian joint-venture company, VE Commercial Vehicles Limited. The transaction has been approved by the necessary authorities and 50% of the joint-venture company has been consolidated in the Volvo Group from August 1, 2008. |
| Mack Trucks and Volvo Trucks North America have jointly formulated a plan for increasing the efficiency of their North American operations. The plan includes the relocation of Mack’s head office from Allentown Pennsylvania, to Greensboro in North Carolina, and a concentration of Mack’s truck production to the plant in Macungie, Pennsylvania. Implementation of the plan would mean that the Volvo Group would incur an estimated restructuring cost of approximately USD 60 million. The restructuring cost is expected to be recorded during the second half of 2008. |
| The Volvo Group’s strong growth continued during the second quarter of 2008, while operating income improved and reached its highest level to date for a single quarter. The Volvo Group’s net sales rose by 13% to SEK 80.4 billion. |
| Volvo Aero and Rolls-Royce have entered into a risk and revenue sharing agreement for the Trent XWB engine for the Airbus A350XWB aircraft, under which Volvo Aero will develop and manufacture the intermediate compressor case, a key engine component. |
| Volvo Aero has entered into an agreement with aircraft engine manufacturer Pratt & Whitney to join P&W’s Geared Turbofan™ engine program. Under this arrangement, Volvo Aero will be responsible for three major components for both the Mitsubishi Regional Jet (MRJ) and the Bombardier CSeries aircraft engines. |
| Volvo Treasury AB (publ), a subsidiary in the Volvo Group, has successfully entered into a SEK 6.2 bn (YEN 110 bn) cross-border syndicated loan agreement. Volvo Treasury has decided to use syndicated lending in this case as a means of diversifying its funding source. |
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