Page 3 - Volvo

VE Commercial Vehicles posts nearly 2-fold jump in August sales

VE Commercial Vehicles Ltd, a joint venture between Volvo Group and Eicher Motors, on Wednesday reported a nearly two-fold jump in total sales at 4,793 units in August 2021. The company had sold a total of 2,477 units in the same month last year, VE Commercial Vehicles Ltd (VECV) said in a statement. Sales of Eicher branded trucks and buses were at 4,667 units last month as compared to 2,440 units in August 2020, a growth of 91.3 per cent, it added. In the domestic market, Eicher brand of CVs clocked sales of 3,864 units as against 2,190 units in the year-ago month, up 76.4 per cent. Exports of Eicher branded trucks and buses stood at 803 units last month as compared to 250 units in August 2020. Volvo trucks and Volvo buses recorded sales of 126 units in August 2021 as against 37 units in the corresponding month last year, the company said.

Volvo to provide cars for China-based Didi's self-driving test fleet

Volvo will provide XC90 SUVs equipped with backup steering and braking systems that DiDi Autonomous Driving will integrate with Didi Gemini, its new self-driving hardware platform

Volvo India announces 24 weeks paid parental leave for male workers

Volvo on Wednesday announced a gender neutral policy, 'Family Bond', that allows the male employees in India to avail up to 24 weeks (120 working days) of parental leave

Volvo says it will make only EVs by 2030; will be sold exclusively online

There is no long-term future for cars with an internal combustion engine, said Henrik Green, Volvo's chief technology officer

Based on a next generation platform, Volvo S60 retains safety-first focus

Sporty with a muscular sedan-like look and kitted with a petrol engine, the S60 scores big on comfort as far as interiors go

Volvo recalls 54,000 US vehicles for air bag defect linked to one death

Volvo Cars is recalling 54,000 US vehicles for an air bag defect after a report of one crash death, according to a filing with US regulators.

VECV registers a 11.9% increase in sales to 4,200 units in October

VE Commercial Vehicles, a Volvo Group and Eicher Motors joint venture reported an 11.9% rise in sales for October at 4,200 units

Mid-size SUVs, deluxe commuter bikes outshine peers, shows SIAM data

Among the two wheelers, motorcycles in the 150cc to 200cc segment have been the outliers

Volvo Buses India integrates with VECV in merger valued at Rs 100 cr

Two bus businesses will become part of a new division in VECV, say executives.

Daimler, Volvo, other truckmakers win dismissal of $950-million Cartel suit

The ruling is a setback for the purchase model invented to make up for Germany's lack of of US-style class actions

VE Commercial Vehicles sales decline 19% at 5,042 units in December

The company, which is a Volvo Group and Eicher Motors joint venture, said Eicher branded trucks and buses recorded a total sales 4,910 units last month as compared to 6,113 units in December 2018

Volvo eying bigger share of Indian market riding on class-leading services

Volvo says it will achieve its target with a clear-cut strategy that rests on rapid launch of new products, expansion of its dealership network

Volvo plans to scale up market share in luxury car segment to 10% by 2020

The company aims to be the market leader when it comes to electric cars in the luxury segment.

Volvo unveils driverless electric bus in Singapore; to start trial soon

Data from the trials will be used to improve the technology before the driverless buses are put to the test on public roads

Demand outlook, emissions worries put brakes on Volvo in Europe, China

Volvo, which also makes construction equipment and engines, forecast truck market demand in China would fall about 13 percent

Volvo warns some vehicles may exceed emission bars due to faulty component

Volvo, which sold 143,373 trucks in Europe and North America last year, said it was in the process of informing authorities

Volvo shares hit record as profit, order intake shine in third-quarter

The broad upturn in demand was also in evidence in Daimler's quarterly results

Volvo keen to expand footprint in UP, launches dealership in Lucknow

So far, Volvo served customers in the state through its dealership based in the NCR

Volvo to start local assembly; first India-made car to roll out by year-end

India to be Swedish car maker's second assembly base after Malaysia

High growth drives Volvo to weigh local assembly options

Volvo sold about 1,600 cars in India in 2016 calendar year