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“During Q3 2021, demand for the Volvo Group’s products and services was good in most markets around the world. We increased our net sales to SEK 85.3 billion with strong growth not least in the service business. However, the quarter was affected by shortages of semiconductors, other components and freight capacity resulting in production disturbances and increased costs. Despite this, we delivered an adjusted operating income of SEK 9.4 billion, which corresponds to a margin of 11.0%,” says Martin Lundstedt, President and CEO.
Volvo Group is proud to reveal the world-first vehicle made of fossil-free steel from SSAB. During today’s green steel collaboration event, it was announced that more vehicles will follow in 2022 in what will be a series of concept vehicles and components using fossil-free steel from SSAB.
Press release
10/07/2021
Volvo CE powers a sustainable future with largest range of electric machines
With three new electric compact machines – the L20 Electric, EC18 Electric and ECR18 Electric – now being introduced to the market, Volvo Construction Equipment (Volvo CE) is showcasing its commitment to build the world we want to live in by offering the industry’s largest range of electric machines. In total customers now have five models to choose from.
The Volvo Group report for the third quarter 2021 will be published on October 21, 2021, at 7.20 a.m. CEST. There will be a video conference call for press and analysts starting at 9.00 a.m. CEST.
Volvo Trucks has received an order for 100 Volvo FM Electric trucks from DFDS, Northern Europe's largest shipping and logistics company. The deal is the largest commercial order to date for Volvo electric trucks, and one of the largest ever for heavy electric trucks worldwide.
Yoga for balance and spinal health, webinars for stress management, anonymous psychological assistance and management workshops; Volvo Group Poland has stepped up their approach to meet the challenges to mental health in the workplace introduced by Covid-19.
Working from home comes both with benefits and challenges. During the pandemic, workplace mental health has been a focus, fighting feelings of isolation, stress, lack of motivation and depression. Below are tips based on training from Volvo Group University.
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The Volvo Group is part of the Swedish Expo Dubai 2020, that will take place October 1 – March 31, 2021-2022, delayed one year due to the Covid-19 situation.
Press release
09/30/2021
Håkan Frisinger’s scholarship to research on sustainable investments in infrastructure
The 2021 scholarship from Håkan Frisinger's Foundation for Transport Research is awarded to Johan Holmgren, Professor of Transport Economics at Molde University College, Norway.
Press release
09/28/2021
Volvo Autonomous Solutions and Aurora have achieved the next milestone in their partnership to jointly develop on-highway autonomous trucks in the U.S. A prototype of Volvo Trucks’ flagship, long-haul VNL model, integrated with the Aurora Driver technology, was revealed today, representing an important step towards launching fully autonomous Class 8 trucks commercially in North America.
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