1 of 293
“During Q2 2021, demand for the Volvo Group’s products and services continued to be good. Net sales amounted to SEK 90.6 billion and we delivered an adjusted operating income of SEK 9.7 billion. In a quarter when shortages of semiconductors as well as other production materials resulted in substantial production stoppages affecting both volumes and costs negatively, we achieved an adjusted operating margin of 10.7%,” says Martin Lundstedt, President and CEO.
The Volvo Group report for the second quarter 2021 will be published on July 20, 2021, at 7.20 a.m. CEST. There will be a conference call for press and analysts starting at 9.00 a.m. CEST.
Gothenburg, Sweden / Munich, Germany / Stuttgart, Germany – The three leading commercial vehicle manufacturers Volvo Group, Daimler Truck and the TRATON GROUP have signed a non-binding agreement to install and operate a high-performance public charging network for battery electric heavy-duty long-haul trucks and coaches across Europe. The joint aim is to initiate and accelerate the build-up of charging infrastructure to enhance customer confidence and to support EU’s transformation to climate-neutral transportation.
Volvo Penta has commenced production of bespoke electric drivelines for leading fire service vehicle manufacturer Rosenbauer’s pioneering fire truck, named “Revolutionary Technology” (RT).
Volvo Group’s subsidiary Mack Trucks announced today that the New York City Department of Sanitation (DSNY) plans to purchase seven Mack® LR Electric refuse models, which will operate in each of the city’s boroughs. Mack made the announcement during WasteExpo 2021, June 28-30 at the Las Vegas Convention Center.
AB Volvo held an Extraordinary General Meeting on June 29, 2021. The Meeting resolved, in accordance with the Board of Director’s proposal, that an extra distribution of SEK 9.50 per share should be paid to the shareholders.
June is #Pridemonth. This is the most colorful month of the year since the LGBTQ+ pride is celebrated. The RAINBOW flag is used widely but it is not the only flag that people in the community connect with. Did you know that there are more than 20 different Pride Flags? Martin Granic, an ambassador of Volvo Group’s internal LGBTQ+ network called V-EAGLE tells us what they stand for.`
Enabling hydrogen-powered heavy vehicles by climate-neutral steel production together with Ovako.`
At the Volvo Group in Curitiba, Brazil, the employees put the emphasis on safety 24 hours a day, 7 days a week. “We’re very good at looking after ourselves in the factory and the office. We’ve put in place a whole series of measures to reduce the number of accidents. But as soon as we leave work, we forget to think about our safety. That’s why we started the 24/7 Safety programme,” says Maila Faria, Safety Manager, Volvo Group Latin America.`
Volvo Group’s climate targets are in line with what the latest climate science deems necessary to keep global warming at a maximum 1.5⁰ C. Volvo Group’s pathway to reach the goals of the Paris Climate Agreement has now been validated by the Science Based Targets initiative (SBTi). “We are committed to take the lead and transform our industry towards a more sustainable future,” says Martin Lundstedt, President and CEO of Volvo Group.
1 of 293