Volvo sees rising competition in luxury bus segment

Last month, Volvo AB Chief Executive Olof Pearson announced an investment of Rs 2,000 crore (Rs 20 billion) for its bus division in India. Pearson had enough reasons to be pleased with his top team......

Volvo looking for partners

AB Volvo, the $43 billion Swedish truck and bus manufacturer, is looking for partners to expand its truck business in India. The company, which manufactures and sells heavy duty trucks in the......

Volvo plans financial services arm

AB Volvo, the Swedish truck and bus major, is planning to launch its financial services subsidiary in India. The new subsidiary is expected to start operations in the next six months, according to......

Eicher Motors forms JV with Volvo

Commercial vehicle manufacturer Eicher Motors Ltd on Monday said it will form a joint venture (JV) with Swedish truck maker AB Volvo, which will have an enterprise value of $506 million. The two......