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Truck maker Volvo's 4th quarter operating profit beats forecasts

STOCKHOLM (Reuters) -Swedish truck maker AB Volvo on Friday reported a bigger-than-expected rise in fourth-quarter profit but a weak order intake as it adjusted lower production levels amid softening demand. Volvo cut its predictions for the total European heavy truck market this year, seeing registrations of 280,000 trucks for the region instead of 290,000. It also raised its prediction for the China medium and heavy truck market to 800,000 from 700,000 trucks previously. ....

United States , Martin Lundstedt , Tomasz Janowski , Terje Solsvik , Janane Venkatraman , Marie Mannes , North American , Ab Volvo , Heavy Truck , Fourth Quarter Profit , Production Levels , Trucking Market , Truck Maker ,

U.A.W. Workers at Mack Truck Go on Strike

The strike at the truck manufacturer by 4,000 members of the United Automobile Workers comes in the middle of the union’s strikes at three large U.S. car companies. ....

United States , Stephen Roy , Ford Motor , North American , General Motors , Strikes Labor , Labor Unions , Wages And Salaries , Ab Volvo , Shawn Fain ,

Invitation to press and analyst conference in Stockholm

/PRNewswire/ The Volvo Group report for the third quarter 2023 will be published on October 18, 2023 at 7.20 a.m. CEST. A press conference will be held at. ....

Vastra Gotalands Lan , Claes Eliasson , Martin Lundstedt , Jan Ytterberg , Volvo Group Media Relations , Volvo Group , Ab Volvo ,