(IN BRIEF) Daimler Truck, Volvo Group, cellcentric and Toyota Motor Corporation have signed a non-binding Memorandum of Understanding aimed at expanding cooperation in fuel cell technology for heavy-duty applications. The proposed deal would see Toyota join cellcentric as an equal … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Sweden, Technology, Transportation & Logistics
Tagged Andreas Gorbach, cellcentric, commercial vehicle technology, Daimler truck, Daimler Truck Volvo Group and Toyota Move to Expand cellcentric Partnership in Heavy-Duty Fuel Cell Technology, decarbonisation, European Green Deal, fuel cell systems, fuel cell technology, heavy-duty commercial vehicles, heavy-duty transport, hydrogen, hydrogen infrastructure, hydrogen society, Japan hydrogen strategy, Karin Rådström, Koji Sato, Martin Lundstedt, Nicholas Loughlan, Off-Road Applications, stationary applications, sustainable transportation, Toyota Motor Corporation, unit cells, Volvo Group, Zero-Emission Transport
(IN BRIEF) Volvo Group has announced that Bruno Blin will step down as President of Renault Trucks and member of the Group Executive Board after ten years, effective November 1, 2025. Blin, who played a central role in strengthening Renault … Read the full press release
Posted in Automotive, Business, Industrial, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Antoine Duclaux, Bruno Blin, Executive Board, holcim, international markets, leadership change, Martin Lundstedt, November 2025, profitability, Renault Trucks, sustainable transport, trucking industry, Volvo announces leadership transition at Renault Trucks as Bruno Blin steps down after ten years, Volvo Group, Volvo Group announces leadership change at Renault Trucks as Bruno Blin steps down, Volvo Group names Antoine Duclaux as successor to Bruno Blin at Renault Trucks
(IN BRIEF) Chuck Witkowski has been appointed the new President and CEO of Permobil, succeeding Bengt Thorsson, who will step into an advisory position at Patricia Industries. Witkowski, with his strong leadership background in North America, is poised to continue … Read the full press release
Posted in Business, Electronics & Machinery, Industrial, Management, News, Sweden, Technology
Tagged Advisory Role, appointment, Baxter, Bengt Thorsson, business leadership, CEO Appointment, Chuck Witkowski, Hillrom, Hubble Telemedical, industrial excellence, INNOVATION, leadership, leadership transition, Martin Lundstedt, North America, Patricia Industries, Permobil, Permobil Foundation, strategic growth, technology, vision care
(IN BRIEF) Martin Lundstedt, CEO of Volvo Group, will deliver a keynote at CES 2025, highlighting the company’s strategy for decarbonizing the transport, mobility, and infrastructure sectors. Emphasizing the urgent need for action, Lundstedt called for accelerated adoption of zero-emission … Read the full press release
Posted in Automotive, Environment, Sweden, Transportation & Logistics
Tagged battery electric solutions, CES 2025, CES keynote, charging infrastructure, Clean Energy Production, climate change, decarbonization, freight volumes, hydrogen fuel cell technology, Incentives, infrastructure, Martin Lundstedt, mobility, paradigm shift, policymakers, renewable fuels, sustainable transport, The Venetian, TRANSPORT, transport system, Volvo Group, Volvo Group website, Zero-emission vehicles, ZEV
(IN BRIEF) Daimler Truck and Volvo Group have signed a binding agreement to create a 50/50 joint venture focused on developing a software-defined vehicle platform for heavy-duty vehicles. This new company, based in Gothenburg, Sweden, aims to set a new … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Commercial Vehicles, Daimler truck, digital transformation, Karin Rådström, Martin Lundstedt, partnership, sustainability, Sweden, Volvo Group
(IN BRIEF) Volvo Group and Daimler Truck have announced a preliminary agreement to establish a 50/50 joint venture aimed at leading the digital transformation to software-defined heavy-duty commercial vehicles. The joint venture, headquartered in Gothenburg, Sweden, will develop a common … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Commercial Vehicles, Daimler truck, Germany, Martin Daum, Martin Lundstedt, partnership, Software-Defined, sustainability, Volvo Group
(IN BRIEF) Harald Seidel, the President of DAF Trucks, has been chosen as the Chairman of the Commercial Vehicle Board of the European Automobile Manufacturers’ Association (ACEA) for the year 2024. Seidel highlighted the transformative year ahead for the European … Read the full press release
(IN BRIEF) Volvo Group has entered a long-term agreement with Vattenfall, Sweden’s largest renewable electricity producer, to purchase 50% of the renewable electricity generated at the Bruzaholm wind park over a 10-year period. The partnership is part of Volvo Group’s … Read the full press release
(IN BRIEF) Volvo Group is hosting its annual Mobility Transformation Forum in Brussels, emphasizing the need for dialogue between policymakers and the industry on the future of mobility. The event will showcase Volvo Group’s investments in fossil-free propulsion technologies and … Read the full press release
Posted in Automotive, Belgium, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Sweden, Technology, Transportation & Logistics
Tagged AI technologies, Anna Borg, battery electric, Brussels, charging capabilities, Clara de la Torre, Ebba Busch, Green mobility, hydrogen-powered, infrastructure, Lars Stenqvist, logistics, Martin Lundstedt, mobility, Mobility Transformation Forum, Oscar de Bok, Pascal Canfin MEP, Timo Kiiha, Volvo Group
(IN BRIEF) Steel manufacturer SSAB has unveiled SSAB Zero, a fossil carbon emission-free steel that’s made with fossil-free energy and recycled steel. The first commercial steel of its kind, it will be available in Q2 2023. The launch of SSAB … Read the full press release
The new partnership will focus on hydrogen-based fuel-cell systems for use in heavy-duty trucks (PRESS RELEASE) STUTTGART/ GOTHENBURG, 2-Nov-2020 — /EuropaWire/ — The Volvo Group (STO: VOLV-B), a Swedish multinational manufacturing company, and Daimler Truck AG, one of the world’s … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Industrial, News, Sweden, Technology, Transportation & Logistics
Tagged climate-neutral, CO2-neutral transportation, Daimler Truck AG, decarbonization, fuel-cell generators, fuel-cell systems, fuel-cells, heavy-duty trucks, joint ventur, Martin Daum, Martin Lundstedt, Paris Climate Agreement, Rolls-Royce plc, sustainable transportation, Volvo Group
(PRESS RELEASE) GOTHENBURG, 6-Oct-2020 — /EuropaWire/ — Volvo Group (STO: VOLV-B), a Swedish multinational manufacturing company, has announced it will release the Group’s third quarter 2020 report on 20 October 2020 at 7.20 a.m. CEST while the conference call for … Read the full press release
Posted in Automotive, Business, Financial, Investment, Management, News, Sweden
Tagged Claes Eliasson, conference call, earnings, Jan Ytterberg, Martin Lundstedt, The Volvo Group
GOTHENBURG, 19-Nov-2018 — /EuropaWire/ — The newspaper Affärsvärlden, together with PA Consulting, Mannheimer Swartling, Wipro and Korn Ferry, has appointed the Volvo Group President and CEO Martin Lundstedt “Leader of the year 2018.” Enthusiasm, deep industry knowledge and extensive teamwork are … Read the full press release
Posted in Automotive, Awards, Industrial, Management, Sweden, Transportation & Logistics
Tagged Affärsvärlden, Carl-Henrik Hallström, Charlotte Wetterlundh, Erik Wahlin, Helena Stjernholm, Jan Dernestam, Johan Forssell, Jonas Wiström, Korn Ferry, Mannheimer Swartling, Maria Rankka, Martin Lundstedt, Oskar Almén, PA Consulting, Volvo Group, Wipro
GOTHENBURG, 19-Jun-2018 — /EuropaWire/ — Volvo’s senior management team is to be strengthened to further intensify the rate of change at the Volvo Group and the development of new business models. The role of Deputy CEO will be refined and a … Read the full press release
Posted in Automotive, Business, Management, Sweden, Transportation & Logistics
Tagged appointment, Jan Gurander, Jan Ytterberg, Kerstin Renard, Martin Lundstedt, Volvo
The Volvo Group is introducing a brand-based organization with clearer commercial accountability for the Group’s various truck brands. Four separate units will be created: Volvo Trucks, UD Trucks, Renault Trucks and Mack Trucks, each with profit and loss responsibility for … Read the full press release
Posted in Automotive, Management, Sweden, Transportation & Logistics
Tagged Martin Lundstedt, truck brands, Volvo Group
Operating income in Scania Financial Services increased to more thanSEK 1 billion during 2014. Customers are increasingly choosing Scania as their long-term partner in vehicle financing, which has meant a growing portfolio. Lower bad debt expenses and better margins also … Read the full press release
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