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2.72 million vehicles in 2011, bringing in revenues of 42.63bn euros ($55.4bn; ÂŁ35.3bn). Renault saw particularly strong sales growth in Russia and Brazil. Net profit fell 39% to 2.1bn euros, although the previous year's figure had been boosted by a...
The 2011 net figure also reflected an increase in dividends from Renault's stake in alliance partner Nissan Motor Co. and Volvo to €1.52 billion. Revenue rose to €42.63 billion from €38.97 a year earlier.Renault and other nonluxury car makers in Europe...
AB Volvo President and Chief Executive Olof Persson is pictured at the company's office in Gothenburg September 1, 2011. View Photo »
As a step in the further streamlining of the Volvo Group toward commercial vehicles, AB Volvo has initiated a process aimed at divesting Volvo Aero
Net income came to €2,139 million, compared with €3,490 million in 2010, which included a capital gain of €2,000 million from the sale in October 2010 of B shares in AB Volvo. Net income Group share totaled €2,092 million (€7.68 per share). Automotive...
SWOT profile of AB Volvo provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key str... AB Volvo (VOLV B)...
(Nikkei)--AB Volvo will build commercial trucks in China, the world's biggest market for them, at a joint venture between Japanese subsidiary UD Trucks Corp. and China's Dongfeng Motor Corp. read full article... This article is available to Nikkei.com...
Volvo Group President and CEO Leif Johansson presents the first quarter report for 2011 at a press conferens in Stockholm, Sweden Wednesday April 27, 2011. Swedish truck maker AB Volvo saw profits more than double in the first quarter as demand for... View Photo »
Their margin of 4.4% is of course nothing we are completely satisfied with it, but I must say that the bus management team and the whole bus organization has done a good job in improving the profitability and I think it’s only fair here to mention that...
The company said Friday that its net profit shot up to 4.7 billion ($700 million) in the three-month period, up drastically from 3.2 billion kronor a year ago. Shares in the company rose 2.2 percent to 92.70 kronor on the Stockholm stock exchange,...
The Volvo Group is a Swedish supplier of commercial vehicles such as trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and financial services. The auto manufacturer was founded on 14 April 1927 in the city of Gothenburg, as a spin-off from the roller ball bearing maker SKF. Volvo... Full Article
Swedish truck maker AB Volvo presents Olof Persson as its new CEO, replacing outgoing Leif Johansson who is retiring in Stockholm, Sweden Wednesday March 16, 2011. A graduate economist, Persson has previously held executive posts at AdTranz and Bombardier, and was appointed president of...
View Photo »Louis Schweitzer, left, chairman of Swedish truck maker AB Volvo, Olof Persson, new CEO for Volvo, center, and Leif Johansson, resigning CEO for Volvo during a press conference in Stockhom, Sweden Wednesday March 16, 2011. Swedish truck maker AB Volvo has named Olof Persson as its new...
View Photo »Volvo Group President and CEO Leif Johansson presents the first quarter report for 2011 at a press conferens in Stockholm, Sweden Wednesday April 27, 2011. Swedish truck maker AB Volvo saw profits more than double in the first quarter as demand for heavy vehicles improved worldwide,...
View Photo »Swedish truck maker AB Volvo presents Olof Persson as its new CEO, replacing outgoing Leif Johansson who is retiring in Stockholm, Sweden Wednesday March 16, 2011. A graduate economist, Persson has previously held executive posts at AdTranz and Bombardier, and was appointed president of...
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