Tag Archives: Martin Lundstedt

Hydrogen-based fuel-cell systems: Volvo Group acquires 50 percent in Daimler Truck Fuel Cell GmbH & Co. KG for approximately EUR 600 million

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

Volvo Group to release its 3Q2020 report on 20 October 2020

(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

Volvo Group President and CEO Martin Lundstedt appointed “Leader of the year 2018”

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

Volvo announces changes to its senior management team

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

Volvo Group unveils brand-based organization with clearer commercial accountability for its various truck brands

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

Scania Financial Services’ operating income increased to more than SEK 1 billion during 2014

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