Tag: Volvo
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Volvo CE to Divest Stake in SDLG, Refocus Strategy in China
Volvo Construction Equipment has announced plans to sell its 70% ownership stake in Chinese construction equipment manufacturer SDLG. The shares will be transferred to a fund primarily owned by Lingong Group (LGG), the existing minority shareholder in SDLG. The move marks a strategic shift for Volvo CE, which intends to narrow its focus in the…
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Volvo CE to Divest Stake in SDLG, Refocus Strategy in China
Volvo Construction Equipment has announced plans to sell its 70% ownership stake in Chinese construction equipment manufacturer SDLG. The shares will be transferred to a fund primarily owned by Lingong Group (LGG), the existing minority shareholder in SDLG. The move marks a strategic shift for Volvo CE, which intends to narrow its focus in the…
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Volvo and Daimler Launch Coretura for Truck Software Platform
Volvo Group and Daimler Truck have officially launched Coretura AB, a joint venture focused on developing a standardized software-defined vehicle platform for the commercial vehicle industry. The new company, based in Gothenburg, Sweden, aims to support future digital applications across trucks and buses by separating core software infrastructure from brand-specific features. The venture follows binding…
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Volvo CE to sell off ownership in China-based SDLG
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Volvo Construction Equipment is selling its 70% stake in China’s Shandong Lingong Construction Machinery Co as part of a strategic revamp to reduce its exposure to the country. The multinational company said Tuesday that its…
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Volvo Appoints New VP to Lead Aftermarket Parts Sales
The Volvo Group has named Richard Simons as the new Senior Vice President of Aftermarket Parts Sales for both Volvo Trucks North America and Mack Trucks, effective June 30. Simons brings three decades of experience in the commercial transportation industry, having held senior roles in parts, service, and remarketing with other major equipment manufacturers. Originally…
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Volvo CE, Unicontrol to Offer Integrated 3D Machine Control
Volvo Construction Equipment (Volvo CE) is teaming up with Danish tech company Unicontrol to make 3D machine control more accessible and easier to use for excavator operators. The two companies have announced plans to integrate Unicontrol’s flexible 3D machine control technology directly into Volvo’s excavators, aiming to simplify jobsite operations and give contractors more options…
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Volvo CE and Unicontrol announce machine control partnership
Volvo Construction Equipment (Volvo CE) and Unicontrol today announced their intention to partner to introduce the software company’s 3D machine control technology in Volvo excavators. The partnership will allow Volvo CE to ensure its advanced technology is made open, accessible and easy to use for improved efficiency. Offering one interface with one set of hardware,…
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Volvo CE and Unicontrol Partner on Advanced Machine Control Technology
Volvo Construction Equipment (Volvo CE) and Unicontrol have announced a partnership to introduce the software company’s 3D machine control technology in Volvo excavators. The partnership will allow Volvo CE to ensure its advanced technology is made open, accessible and easy to use for improved efficiency. The Volvo Co-Pilot will be used as the primary user interface, allowing operators to access Unicontrol3D directly from…
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Volvo Features New and Upgraded Compaction Machines at World of Asphalt
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in Asphalt, Business, Business Services, Compaction Equipment, Construction, Construction Safety, Construction Technology, Dealers, Equipment, Equipment Monitoring & Logistics, Featured, Fleet Maintenance, GPS, Laser & Other, Machine Grade Control, Other Components, Rental, Service Centers, Single-Drum Rollers, Sustainability, Worksite EquipmentVolvo Construction Equipment announced improvements to its soil and asphalt compaction product lines. Volvo’s upgrades to the product lines will focus on multiple models, including an electric model. The company is showcasing its new machines at the World of Asphalt booth 4713. Updates to the SD75 and SD45 soil compactors and the PT125 pneumatic tire roller include features that improve safety,…
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Volvo Trucks Reveals the New Volvo VNR
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in Alarms, Business, Business Services, Construction Safety, Construction Technology, Dealers, Detectable Warnings, Equipment, Featured, GPS, Heavy Trucks: Class 7 & 8, Laser & Other, Lighting, Machine Grade Control, Safety Equipment – Other, Service Centers, Truck Accessories, Truck Parts & Components, Trucks, Trucks & AccessoriesVolvo Trucks North America announced the launch of its upgraded Volvo VNR. The improved truck features a 90% redesign from the previous generation. Production will take place at the Volvo Trucks New River Valley Plant in Dublin, Va., with sales starting in the coming months. The all-new Volvo VNR is optimized for shorter-range operations, with a…