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Topic: AB Volvo

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In the News (Wed 21 Aug 19)

  Volvo - Wikipedia, the free encyclopedia
AB Volvo (or Volvo Aktiebolaget) is a Swedish world leading manufacturer of commercial vehicles, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services.
Volvo is Latin for "I roll", and although fitting well to their products, vehicles, it was originally a name for a ball bearing being developed by the company SKF, which provided funding to a few employees to set up the car-manufacturing business.
Volvo used the funds from the sale of the automobile division to finance the purchase of Scania, another leading Swedish truck manufacturer, but the deal was stopped for competition reasons by the European Union.
en.wikipedia.org /wiki/Volvo   (382 words)

 EUPolitix.com - AB Volvo
Volvo is the world's second largest producer of heavy trucks, buses and construction equipment and holds a leading position in the fields of marine and industrial power systems and aircraft engine components.
Volvo Group Representation, EU Based in Brussels, the Volvo Group Representation, EU office acts as the principal point of reference for the EU institutions in regard to the Volvo Group and its sphere of interest.
Volvo Aero is also one of the largest commercial suppliers of combustion chambers and exhaust nozzle for rockets.
www.eupolitix.com /EN/Forums/AB+Volvo   (748 words)

AB Volvo and Renault compete vigorously against each other in the development, production, and sale of heavy duty trucks, configured with a cab over the engine which the driver can enter at a point low to the ground.
Renault and AB Volvo respectively are the largest and second largest producers, and the only two significant producers, of heavy duty LCOE Trucks in the United States.
AB Volvo is a foreign corporation organized and existing under the laws of Sweden that has its corporate headquarters and principal place of business in Gotenburg, Sweden.
www.usdoj.gov /atr/cases/f7100/7171.htm   (1993 words)

 AutoAsia   (Site not responding. Last check: 2007-11-05)
AB Volvo is eager to have a bigger footprint in Asia as its vies with Mercedes-Benz for number one position in the medium- and heavy-duty CV market.
AB Volvo took a 5% stake in Mitsubishi in December 1999 with a view to establishing joint truck and bus operations.
AB Volvo's 3% stake in MMC would be translated into a 19.9% in the new joint CV company.
www.auto-asia.com /viewcontent.asp?pk=2936   (735 words)

 Elanders Website   (Site not responding. Last check: 2007-11-05)
Elanders AB has signed a Letter of Intent with AB Volvo / Celero Support AB Elanders has signed a Letter of Intent with AB Volvo subsidiary Celero Support AB for the takeover of their storage and distribution unit in Gothenburg.
Elanders and AB Volvo subsidiary Celero Support AB signed a Letter of Intent (LOI) concerning a possible take over of the unit in Celero Support AB that provides logistics, distribution and storage of publications for marketing and after sales in AB Volvo as well as a helpdesk used for ordering the publications.
Elanders and AB Volvo have also signed a LOI for a possible three to five year production agreement as exclusive supplier of printed matter (manuals, garage instructions books etc) for after sales to the Swedish units in the Volvo Group; Volvo Bussar, Volvo Lastvagnar, Volvo Penta and Volvo Parts.
www.elanders.se /templates/Page____3070.asp   (288 words)

 Volvo - Danish Army Vehicles Homepage
Volvo was incorporated as a subsidiary of AB SKF, the Swedish ball bearing manufacturer.
Decision of the Volvo Board to withdraw the proposal for a merger of Volvo's automotive operations and Renault was taken.
AB Volvo acquired the remaining 50% of the outstanding shares in Volvo Construction Equipment (formerly the VME Group).In June Volvo acquired 51% of the Canadian bus manufacturer Prévost Car Inc. Volvo Buses' B12-600 was designated "Coach of the Year 1996".
www.armyvehicles.dk /volvo.htm   (693 words)

 Business Wire: AB Volvo Transfer Remaining Shares to Renault S.A
AB Volvo has today, February 9 2001, transferred to Renault S.A. 6,930,248 Series A Volvo shares and 15,145,797 Series B Volvo shares as final payment for 100 percent of the shares in Renault V.I/Mack, Renault's truck business.
AB Volvo acquired the transferred shares, which represents 5 percent of the share capital and voting rights in AB Volvo, through purchases on the OM Stockholm Exchange.
Following the transfer AB Volvo owns 0,38 percent of Series A shares and 1,03 percent of Series B shares, which corresponds to 0,49 percent of the voting rights and 0,82 percent of the share capital.
findarticles.com /cf_dls/m0EIN/2001_Feb_9/70187088/p1/article.jhtml   (255 words)

 Ward's Auto World: AB Volvo - 1987 International State of the Industry   (Site not responding. Last check: 2007-11-05)
Volvo built about 432,000 cars in 1985 and sold 117,000 in the U.S. Roughly 20,000 1988 480s are bound for America.
Volvo's agreement to build heavy-duty trucks for General Motors Corp.'s North American network beginning in 1988 is "proceeding according to schedule," Mr.
Volvo gave up on the U.S. bus business early last year because the market had declined from 6,000 to 2,000 a year while the domestic industry can build 12,000-15,000 buses annually, and because U.S. federal subsidies for public transportation were cut $1.6 billion.
www.findarticles.com /p/articles/mi_m3165/is_v23/ai_4660783   (559 words)

 AB Volvo - Company Profile - Automotive Business Review   (Site not responding. Last check: 2007-11-05)
AB Volvo (Volvo) is one of the world's leading suppliers of transport solutions.
Volvo is the world's largest manufacturer of heavy duty diesel engines with operations in Sweden, France, and North and South America.
AB Volvo and its subsidiaries are engaged in the manufacture of trucks, buses, leisure boats and workboat engines, construction equipment and financial services.
www.automotive-business-review.com /companyprofile.asp?guid=C248E940-DF2A-4570-8EB4-05095DA10CDF   (627 words)

 Truck Maker AB Volvo Reports Profit (washingtonpost.com)
Volvo said chairman Lars Ramqvist was resigning from the board, effective immediately, after more than four years as chairman.
Volvo said Tuesday it earned 1.14 billion kronor ($155 million) in the last three months of 2003 compared with 638 million kronor in the previous year.
Ramqvist, Volvo chairman since 2000, said in a separate statement that he had been informed by the company's nomination committee that there were Swedish shareholders who lacked continued confidence in him as chairman.
www.washingtonpost.com /wp-dyn/articles/A9006-2004Feb3.html   (463 words)

 AB Volvo Announces Share Repurchase | American International Automobile Dealers |   (Site not responding. Last check: 2007-11-05)
On June 17, 2004, the Board of AB Volvo decided to acquire through purchase on Stockholmsborsen (Stockholm Exchange) a maximum of 22,076,045 Series A and/or Series B shares, however, not to exceed a total purchase amount of SEK 4,300,000,000.
After the repurchase, AB Volvo is in possession of a total of 6,930,246 series A shares and 17,895,797 series B shares.
The Volvo Group is one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services.
www.aiada.org /article.asp?id=27461   (440 words)

 Volvo may scrap takeover bid for its rival Scania AB - 03/09/00   (Site not responding. Last check: 2007-11-05)
Volvo may scrap takeover bid for its rival Scania AB -- Volvo AB, the world's second-largest maker of heavy trucks, indicated it likely would scrap its $6-billion bid for Swedish rival Scania AB after failing to agree with the European Commission on terms for the takeover.
   Volvo and Scania would have a combined 93.1-percent market share of the Swedish truck market, a percentage the commission has said is too high.
Volvo has argued that Sweden and the Nordic markets represent a small percentage of their combined business, which should be viewed on a pan-European basis.
www.detnews.com /2000/autos/0003/14/B03-12438.htm   (442 words)

 U.S. Competition Authority Gives Clearance To AB VOLVO'S Acquisition Of Renault V.I. /MACK   (Site not responding. Last check: 2007-11-05)
U.S. Competition Authority Gives Clearance To AB VOLVO'S Acquisition Of Renault V.I. Volvo and Department of Justice have entered into a consent decree which is awaiting approval by U.S. district court in Washington D.C. Thereby AB Volvo has now received clearance from the U.S. Department of Justice for the acquisition of Renault V.I. /Mack.
AB Volvo will then buy back additional shares in order to be able to deliver the remaining 5% of the company's shares to Renault SA.
AB Volvo's acquisition of Renault V.I./Mack is now creating favorable conditions for implementing aggressive global strategies for growth in established and new markets.
autointell-news.com /news-2000-2/December-2000/December-19-00-p6.htm   (1034 words)

 ABC News: Volvo's 2Q Profit Boosted by Strong Sales   (Site not responding. Last check: 2007-11-05)
Volvo, which sold its car division to U.S.-based Ford Motor Co. in 1999, said its profit was 3.93 billion kronor ($502 million), or 9.67 kronor ($1.24) a share, up from 2.81 billion kronor, or 6.65 kronor a share, a year earlier.
But Volvo disappointed investors by maintaining its growth forecast for Europe at flat to 5 percent.
For the first six months of the year, Volvo said its net income was 7.18 billion kronor ($918 million), compared with 5.2 billion kronor in the first half of 2004.
abcnews.go.com /Business/wireStory?id=974102   (329 words)

 EUPolitix.com - Forum Interview: AB Volvo   (Site not responding. Last check: 2007-11-05)
Afterwards, the man responsible for upholding and further enhancing Volvo’s core value of safety took time out to discuss his work, where he sees things now and where he would like road safety to be in a decade’s time.
He has at his disposal in Göteborg the Volvo Trucks Accident Research Team and the Volvo Technology Centre and is in close liaison with the Product Planning Division of Volvo Trucks which is pioneering the E-safety project aimed at providing the driver with greatly enhanced real-time on-board data.
At the heart of Volvo’s passive safety campaign is the so-called Soft Nose technology which softens the impact of trucks on smaller vehicles or unprotected pedestrians, but Lars-Göran Löwenadler believes its introduction is some way off.
www.eupolitix.com /EN/ForumInterviews/200410/5dfb8b53-1e51-4b8a-a8e7-5b756a0da76f.htm   (407 words)

 AB Volvo January-October worldwide deliveries up 22% over same period last year
AB Volvo said worldwide truck deliveries from its Renault, Mack and Volvo Trucks holdings from January through October 2004 posted a 22% increase over the same period last year.
In North America, AB Volvo delivered 39,101 units, which represents a solid 37% increase over the same period last year.
Volvo Trucks delivered 20,471 trucks to North America— a robust 46% growth from the same period last year.
fleetowner.com /news/volvo_deliveries_strong_111804   (245 words)

 WIPO Domain Name Decision: D2005-0447
Complainant is a corporation which owns the VOLVO trademark throughout the world and licenses it to AB Volvo and Volvo Car Corporation for use in connection with their respective businesses.
Volvo Trademark Holding AB, AB Volvo and Volvo Car Corporation are collectively referred to as Complainant in the Complaint.
Complainant argues that at the time Respondent selected VOLVO as part of its domain name, it was on constructive notice of Complainant’s trademark rights under 15 U.S.C. and that Respondent has been aware of the famous VOLVO trademark, or the fact that the mark is owned by Volvo when registering the domain name.
arbiter.wipo.int /domains/decisions/html/2005/d2005-0447.html   (2924 words)

 UK-Wire   (Site not responding. Last check: 2007-11-05)
AB Volvo announces repurchase of 300,000 B shar...
AB Volvo announces repurchase of 250,000 B shar...
AB Volvo repurchase 250,000 B shares and 10,000...
moneyextra.uk-wire.com /cgi-bin/index?company=VOL   (165 words)

 WIPO Domain Name Decision: D2003-0306
The Complainant is Volvo Trademark Holding AB, c/o AB Volvo, Goteborg, Sweden, represented by Sughrue Mion, PLLC of Washington, DC, United States of America.
VOLVO CARS is used extensively in connection with the sale and servicing of VOLVO cars throughout the United States and abroad.
It is further inconceivable that the Respondent was unaware of the VOLVO mark for cars, which has been famous for decades throughout the world by virtue of the Complainant’s long, exclusive and ubiquitous use thereof.
arbiter.wipo.int /domains/decisions/html/2003/d2003-0306.html   (3108 words)

 Swedespeed Forums: AB Volvo and Volvo Cars hold new Volvo Baltic Race
As a result, AB Volvo and Volvo Car Corporation have decided to once again be the title sponsors for the event in 2004.
Just the value of the media attention gained by Volvo during the race was several times greater than the amount invested.
The aim of the Volvo Baltic Race is to make ocean racing even more accessible to a larger audience and to provide sponsors and sailors with an opportunity to compete in the years between the Volvo Ocean Races, which are held every fourth year.
forums.swedespeed.com /zerothread?id=16046   (366 words)

 AB VOLVO, car company in Sweden
Today, Volvo is engaged in a broad range of activities in the transport equipment field.
Volvo's strategy is to further develop the company's advanced position in the passenger car field and to continue to strengthen Volvo's standing as one of the world leaders in trucks, buses, construction equipment, power systems for marine and commercial use, and aircraft engines.
Volvo's share of the world market for heavy trucks increased to 12% in 1994 compared with 10% a year earlier.
www.randburg.com /sw/volvo.html   (407 words)

 US Department of Justice Gives Clearance To AB Volvo for Purchase of Renault VI/Mack
AB Volvo and the United States Department of Justice have entered into a consent decree that is awaiting approval by US district court in Washington DC.
AB Volvo has received clearance from the Department of Justice for acquisition of Renault VI/Mack.
Volvo Global Trucks is expected to be operational in early 2001.
refrigeratedtrans.com /mag/transportation_us_department_justice/index.html   (340 words)

 Texaco Press Release - Texaco Signs Global Lubricants Supply Agreement with AB Volvo
Texaco and AB Volvo, one of the world's largest producers of trucks, buses and construction equipment, will also work on co-operative lubrication research.
The agreement, which follows a decision by AB Volvo to rationalize and improve efficiency within its global lubricant supplier base, will cover all manufacturing operation areas, including trucks, buses, construction equipment, marine and industrial power systems.
In particular, statements made concerning Texaco's expected performance and financial results in future periods are based upon Texaco's current expectations and beliefs and are subject to a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.
www.chevron.com /news/archive/Texaco_press/2000/pr12_21.asp   (388 words)

 Volvo Group Job Posting- AB Volvo- Volvo Group Young Graduate Program   (Site not responding. Last check: 2007-11-05)
Volvo is one of the world's leading manufacturers of heavy commercial vehicles, marine and industrial power systems and components for the aircraft industry.
The Volvo share is traded on the stock exchange in Stockholm and on NASDAQ in the USA.
Volvo Group is looking for new employees to participate in this year’s young graduate program.
lnosvolvoext06.it.volvo.se /volvo/jobpostings.nsf/0/40013DD31B200C50C1256F97004C1347?Open   (331 words)

 Endeavors Empowers Education in Egypt With On-Demand Software for Schools and Colleges   (Site not responding. Last check: 2007-11-05)
Volvo IT has been working closely with Endeavors Technology during the past months on school projects in Egypt.
Volvo Information Technology AB provides solutions for all areas of the industrial process, and offers unique skills and expertise in Product Lifecycle Management, SAP solutions, and IT operations.
Volvo Information Technology AB is a wholly-owned subsidiary of AB Volvo.
www.endeavors.com /PressReleases/volvo0409.html   (402 words)

 AKTIEBOLAGET VOLVO \PUBL\ - VOLVY Report of Foreign Issuer (6-K) EXHIBIT 99
According to the acquisition agreement in 2000, AB Volvo received 100 percent of the shares in Renault's truck subsidiaries, Renault V.I./Mack in exchange for 15 percent of the shares in AB Volvo, a transaction which has proved beneficial for both companies.
Since then, AB Volvo and Renault have had ongoing discussions regarding the value of certain of the acquired assets and liabilities of Renault V.I./Mack and certain warranty claims.
Volvo shares are listed on the stock exchanges in Stockholm, London and Frankfurt and on NASDAQ in the US.
sec.edgar-online.com /2004/10/28/0001171843-04-000316/section2.asp   (353 words)

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