Volvo Group discontinues attempts to divest itself of governmental sales business unit, after it began the process of seeking buyers for the division in November 2016
Volvo Group
Posted inMachinery
Volvo CE divests British dealership to SMT Holdings
Volvo Construction Equipment has concluded the sale of its British dealership to Services Machinery & Trucks, a subsidiary of SMT Holdings
Posted inPMV
Volvo Group increases net sales by 12% in Q2 2017
Volvo Group increases its net sales to $10.6bn in Q2 2017, grew its adjusted operating income to $1bn for an operating margin of 9.7%, and saw at least one major sale in Saudi Arabia
Posted inAppointments
Terex Trucks names Guy Wilson as global sales director
Terex Trucks appoints experienced Volvo hand to global sales role responsible for providing strategic direction to the company’s sales directors, regional sales teams and key accounts
Posted inPMV
Volvo Group to build $24m truck assembly plant in Kenya
Sweden’s Volvo Group makes plans for the local assembly of Volvo Trucks in the Kenyan port of Mombasa, as it sets out to realise ambitious market share targets in East Africa
Posted inPMV
SDLG enjoys record wheel loader sales in India
Shandong Lingong Machinery Company reported double-digit growth with its three wheel loader models in India last year
Posted inPMV
Volvo CE names Patrik Lundblad SVP for technology
Volvo Construction Equipment appoints experienced engineer and procurement chief as tech head
Posted inAppointments
Renault Trucks hires Greater Middle East president
Grégoire Blaise is to replace Lars-Erik Forsbergh as president of Renault Trucks’ Greater Middle East region
Posted inVehicles
Comedat deploys 90 Terex Trucks to Jordanian mines
Comedat has dispatched 90 Terex Trucks rigid dump vehicles to mine phosphate across three sites in the north and south of Jordan
Posted inPMV
Volvo to divest, outsource $100m IT infrastructure
Volvo Group divests its IT business, outsourcing it to HCL Technologies to reduce overhead costs