Auto Manufacturers

Volvo

Nordic Volvo Truck Center To Distribute Nissan Trucks
Posted Friday, October 27, 2006 10:46:33 PM by Blog57 Team
The Nordic groups of Volvo Truck Corp. and Nissan Europe have agreed to distribute three of Nissan's light commercial vehicles through the Volvo Truck Center dealer network in Sweden, Norway, Finland and Denmark. The Nissan lineup of vehicles to be offered by Volvo Truck Center dealers in the Nordic market will include one van model and two rigid models. Volvo Truck sells trucks and transport solutions, specializing in heavy trucks with total weights above 16 tons. ....

Volvo Cars Reports Consistent Sales for September 2006
Posted Wednesday, October 04, 2006 10:45:59 PM by Blog57 Team
IRVINE, Calif., Oct. 3 -- Volvo Cars of North America, LLC reported sales for September of 9,691 units* in the United States, representing a year-over-year increase of 1.6 percent. For the month, the all new C70 convertible with the retractable hardtop continued to deliver, and there were strong performances by XC70, S60 and the new S40. Looking ahead for Volvo, the C30 made its debut in the two-door premium-car segment at the Paris Motor Show, last week. Volvo sales in Canada were up 3 percent for the month, with 831 units sold. In Mexico, Volvo sales of 245 units represented a 28 percent increase. Overall, Volvo sales in North America (United States, including Puerto Rico, Canada and Mexico) were 10,767 units -- up 2.2 percent for September. Volvo Cars of North America, LLC (VCNA), based in Irvine, CA, is a subsidiary of the Volvo Car Corporation of Goteborg, Sweden....

Volvo's financing arm gets go-ahead
Posted Monday, September 04, 2006 4:46:43 AM by Blog57 Team
Volvo Financial Services, the auto-financing arm of Swedish industrial group Volvo AB, has received regulatory approval to open in China, the firm said yesterday in Shanghai. The company's wholly owned subsidiary in China, Volvo Automotive Finance (China) Ltd, will provide loans to car buyers from the third quarter of this year, it said in a statement. The China branch will be based in Beijing, with a registered capital of 500 million yuan (US$62.5 million). The move will make Volvo AB the seventh global automaker to foray into China's burgeoning auto-financing sector after General Motors, Volkswagen, Ford, Toyota, DaimlerChrysler and PSA Peugeot Citroen. Executives from Volvo Financial Services said it is the first to concentrate on commercial vehicle and construction equipment financing in China....

August Auto Sales: Volvo
Posted Saturday, September 02, 2006 6:46:12 PM by Blog57 Team
Volvo Cars of North America LLC said Friday its U.S. auto sales fell in August, as growing sport utility vehicle sales weren't enough to offset falling car sales. Volvo said domestic sales fell 2 percent to 10,606 units from 10,826 in the year-ago month. Car sales fell to 6,093 from 6,629. Sales of its XC70 and XC90 Cross Country SUVs, though, grew to 4,513 from 4,197, against the industry's overall trends. Adjusted for one more selling day in this year's August, Volvo's overall auto sales fell 5.7 percent in August from the previous year. Year-to-date Volvo U.S. vehicle sales are down 9.3 percent over the same period last year. Shares of Volvo's parent Ford Motor Co. dropped 17 cents to $8.19 in midday trading on the New York Stock Exchange. ....

Virginia man wins Volvo's XC90 treasure hunt
Posted Saturday, August 12, 2006 8:45:52 AM by Blog57 Team
The Pirates of the Caribbean-themed Volvo XC90, that was buried as part of the automaker's treasure hunt/film tie-in, has a new owner. David Hutz, 30, of Herndon, VA, and six other finalists were flown to Abaco Island in the Bahamas, where they competed in a group of Survivor-style challenges to complete the search. David was awarded the SUV after he had determined what its ultimate location was. Thankfully for him, he didn't need to dig it up himself. Assistants handled those duties on his behalf. The V8-powered, movie-themed Volvo is valued at $82,000 and sports 20-inch custom wheels, a full Pirates of the Caribbean graphics package, black leather seating, a quad-tip Borla exhaust system, and numerous other upgrades. After learning that he was the winner, Hutz announced that he'd be giving the car to his wife, who will undoubtedly get right to work removing its way-over-the-top pirate graphics.No need to fret for the other six finalists, when Volvo, in a surprise move, awarded each of them a new vehicle as well....

Virginia Man Digs Up Buried Volvo in Worldwide Treasure Hunt for Buried SUV
Posted Thursday, August 10, 2006 10:46:39 PM by Blog57 Team
ABACO ISLAND, Bahamas, Aug. 10 -- Arrrrrrrrrrrrrrrg! Hear me now, scallywags, the treasure's done been found! David Hutz, a 30 year-old man from Herndon, Va., yesterday reached true pirate status when he uncovered a buried Volvo XC90 V8 SUV in the Islands of the Bahamas after a challenging two month global, multi-media treasure hunt for the vehicle that Volvo Car Corporation secretly hid as part of its sponsorship of Disney's Pirates of the Caribbean: Dead Man's Chest. David Hutz a computer programmer from Herndon, Va. competed in a grueling, clue-filled search conducted by foot, boat, motor vehicle and helicopter in a competition reminiscent of reality TV shows. Upon completion of the race, he announced that he will be giving the car to his wife, Sheila Hutz. He was joined by six other finalists who also reached the final leg of the search, including two others from the United States as well as from Japan, United Kingdom, Spain and Austria....

Hallett Silbermann make their mark with new Volvo FH
Posted Thursday, July 20, 2006 8:45:57 AM by Blog57 Team
Hatfield-based haulier Hallett Silbermann recently took part in the annual Cart Marking ceremony in London's Guildhall Yard when, supervised by Michael Power, Master of the Worshipful Company of Carmen, with both the Keeper of Guildhall and the current Lord Mayor, Alderman David Brewer CMG in attendance, the company's new Volvo 150 tonne GCW FH520 8x4 tractor unit was ‘branded' with a letter signifying the year, together with a vehicle number and the arms of the City of London and those of the Carmen. Established in 1946, this is Hallett Silbermann's 60th anniversary and the company has taken part in the ancient ceremony many times over the years. Founder John Silbermann is a Past Master of the Worshipful Company of Carmen. The new Volvo went straight to work after the ceremony, hauling loads up to 100 tonnes, including a new 75 tonne excavator demonstrator belonging to Volvo Construction Equipment of Duxford, near Cambridge....

Volvo subsidiary Nova Bus wins $300M order from province of Quebec
Posted Tuesday, July 18, 2006 10:45:57 PM by Blog57 Team
STOCKHOLM (AP) - Bus and truck maker AB Volvo said Monday its Canadian subsidiary Nova Bus of Quebec has received an order for 731 buses from the province of Quebec worth $300 million. The order for the buses was placed by ATUQ, a purchasing group consisting of nine of Quebec's transit authorities. The buses will be delivered between 2008 and 2012, and the order will be booked in the second quarter, Volvo said. The Goteborg, Sweden-based company makes trucks, buses, construction equipment and engines. It sold its car division to U.S.-based Ford Motor Co. (NYSE:F) in 1999. ....

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