Press conference CET 10.00 AM A press conference was held at Polstjärnan, Sveavägen 77 in Stockholm at CET 10.00 AM. The Volvo Group was represented by CEO Leif Johansson. The conference was also webcast. For more information Conference call for investors and analysts CET 3.00 PM The Volvo Group was represented by the entire Group Executive Management. The conference was also webcast. For more information
Volvo Group Report on 2009 operations was published at 7.30 AM CET on February 5
Welcome to view and download the Volvo Group Annual Report for 2008
Washington, DC - At the Renewable Energy Technology Conference & Exhibition (RETECH 2010) the Volvo Group today announced its first academic partnership in North America. Penn State was chosen as part of Volvo’s Academic Partner Program, which was launched globally in 2009 for research cooperation with selected universities.
In the fourth quarter, the Volvo Group continued to have substantial costs in connection with its effort to adjust the cost structure to a considerably lower level of demand in the wake of the financial crisis, something that contributed to an operating loss of slightly more than SEK 2 billion in the quarter. The main focus during the quarter was on cash flow and the Group created a positive cash flow of SEK 8.6 billion, which is one of the best cash inflows ever for a single quarter.
Volvo Buses has secured an order for 323 coaches in Mexico. Most of these will be delivered in 2010.
