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End of road for Volvo venture

Business | Automobile
2009-11-18

THE Volvo Group is to end its partnership with China National Heavy Duty Truck Group Corp by quitting their joint venture. The world's leading truck maker has agreed to sell its 50-percent equity interest in Jinan...

Beijing to support bid for Volvo

Business | Automobile
2009-7-23

THE Beijing municipal government is to fully support a bid by Beijing Automotive Industry Holding Corp for Ford's Volvo car unit if the Chinese auto maker fails in its quest for General Motors' Opel, sources said...

Volvo loss worse than feared by analysts

Business | Automobile
2009-7-22

WORLD No. 2 truck maker Volvo posted a deeper-than-expected second-quarter loss yesterday and stood by its forecast that the economic downturn would see its main markets shrivel this year. But the drain of cash...

Construction equipment maker sees rosy future

Business | Machinery manufacturing
2009-7-4

SWEDEN-BASED Volvo Construction Equipment, which makes excavators and haulers, expects better China market conditions in the second half due to the government stimulus plan. The company aims to sell 3,000 to 4,000...

Volvo and Valeo post grim quarterly results

Business | Automobile
2009-4-25

SWEDISH truck maker Volvo and French car parts maker Valeo posted first-quarter losses yesterday, as European industry data underlined the scale of the crisis engulfing the auto sector. Volvo posted a larger-than-expected...

Truck maker sheds more workers as demand falls

Business | Automobile
2009-4-23

TRUCK maker Volvo is to cut a further 1,543 jobs at the group as it seeks to adjust to plummeting demand across all its main markets. Volvo said yesterday that employees at its Volvo Trucks, Construction Equipment,...

Truck maker at eight-year high

Business | Automobile
2009-2-7

VOLVO surged the most in almost eight years in Stockholm after saying it would deepen costs cuts and pay a dividend. The Swedish truck maker aims to pay a dividend of 2 kronor for last year, down from 5.5 kronor...

Gleeson equals course record

Sports | Golf
2008-12-21

FIVE players were tied for the lead after yesterday's third round of the Asian Tour's season-ending Volvo Masters, including Australia's David Gleeson, who equaled the Thai Country Club in Bangkok course record...

Singh revs up for Asia glory at Volvo Masters

Sports | Golf
2008-12-18

HAVING already secured the Asian Tour Order of Merit title this year, India's Jeev Milkha Singh will be free of pressure in the tour's season-ending event, boosting his chances of success against a trio of hometown...

Second-leg Volvo Race victory for Ericsson 4

Sports | Sailing
2008-12-2

ERICSSON 4, skippered by five-time Olympic medalist Torben Grael of Brazil, made it two wins in a row by winning the second leg of the Volvo Ocean Race from Cape Town to Cochin, opening up a seven-point lead over its...