Volvo Buses’ operating income has declined in the first quarter of 2012 although net sales increased by 10%. The decline to SEK 62 M is attributable to pricing pressure in Europe and low capacity utilisation in the manufacturing system in Europe and Brazil.
Tag Archives: Volvo
Arriva NW orders 44 hybrid buses
Arriva North West has announced an order for 44 Wright-bodied Volvo B5LHs. The agreement, finalised at the recent Thomas Hardie Commercials Open Day in Deeside, Cheshire, will see 33 hybrids going into service for Arriva at Laird Street in Birkenhead and a further 11 in Bolton and is in part due to the Green Bus [...]
Record year for Volvo Buses
The Volvo Group saw an increase in sales for all regions in the fourth quarter of 2011. Profitability was improved and cash flow was described as strong overall. During the fourth quarter, the European bus market remained at the same low levels as in 2010.
First MAN gas bus ordered
Arriva plans to introduce 98 new low-carbon buses worth £26.7m to its UK fleet comprising 77 Volvo Hybrids and 21 MAN EcoCity CNG buses which will run on biomethane. This investment represents the UK’s largest orders both for Volvo hybrid buses and for MAN EcoCity gas buses.
Volvo steps up its drive to reduce emissions
Volvo’s land-based operations commit to long-term sustainable development and carbon cuts SWEDEN Volvo Buses and Volvo Construction Equipment have joined Volvo Group’s co-operation with the Worldwide Fund for Nature’s (WWF) Climate Savers programme. It is based on Volvo Group’s commitment to reduce CO2 emissions by 30m tonnes from construction equipment, buses and trucks manufactured through [...]
