News: Automotive equipment

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2001

 

Found press releases

 

AB Volvo and Navistar discontinue negotiations

12/21/2001 9:00 AM EST  -   Volvo
AB VOLVO AND NAVISTAR DISCONTINUE NEGOTIATIONS

In May 2001, AB Volvo's business unit Powertrain signed a Letter of
Intent regarding the supply of 12 litre engines to International Truck
and Engine Corporation, a wholly-owned subsidiary of Navistar
International Corporation.

As it has not been possible to fulfil the conditions outlined in the
Letter of Intent, the parties...

Scania sells Danish bodybuilding company and concentrates production of bus bodi...

12/21/2001 6:15 AM EST  -   Scania
Scania sells Danish bodybuilding company and concentrates production of
bus bodies

As part of the ongoing structuring of its busbuilding activities, Scania
has concluded an agreement-in-principle to sell its bodybuilding
facility in Silkeborg, Denmark to the Norwegian company Vest-Buss AS. As
a result, Scania's development and production of bodies for city buses
will be...

MANAGEMENT APPOINTMENTS AT VOLVO TRUCK CORPORATION

12/21/2001 3:16 AM EST  -   Volvo
Management appointments at Volvo Truck Corporation

Roar Isaksen has been appointed head of Volvo Truck Corporation's Europe
Division. Roar Isaksen is today responsible for the International
Division and will take up his new position January 15, 2002

Roar Isaksen joined the Volvo Group in 1995, following a career in the
Atlas Copco Group. Prior to his current position as head of...

AB Volvo applies for delisting from the Tokyo Stock Exchange

12/21/2001 3:02 AM EST  -   Volvo
AB VOLVO APPLIES FOR DELISTING FROM THE TOKYO STOCK EXCHANGE

AB Volvo's Board of Directors has decided to apply for delisting from
the Tokyo Stock Exchange.

Volvo's common shares have been listed on the Tokyo Stock Exchange
("TSE") since 1986. At that time, the listing was a step in management's
efforts to internationalize ownership of Volvo shares. However, as a
result of...

Volvo global trucks deliveries, january-november 2001

12/19/2001 9:55 AM EST  -   Volvo
VOLVO GLOBAL TRUCKS DELIVERIES, januarY-NOVEMBER 2001

Deliveries from Volvo Global Trucks, which comprises Mack Trucks, Inc.,
Renault V.I. and Volvo Trucks, during the period January-November 2001
amounted to 141 923 units compared to 169 716 in the same period last
year, a decrease of 16%. Order intake was down 12%. North America was
down 37% and Europe 3% compared to the same period...

Volvo acquires Skidsteer Loader business from Textron

12/19/2001 6:01 AM EST  -   Volvo
VOLVO ACQUIRES SKIDSTEER LOADER BUSINESS FROM TEXTRON

Volvo Construction Equipment (Volvo CE) today signed an agreement to
acquire the assets of Scat Trak, the skidsteer loader business of
Textron's (NYSE: TXT) subsidiary OmniQuip. The assets include exclusive
manufacturing and product design rights to a complete range of 8
different skidsteers ranging from 1350 ...

All employees of Scania's busbuilding operation in Katrineholm offered continued...

12/18/2001 10:50 AM EST  -   Scania
All employees of Scania's busbuilding operation in Katrineholm offered
continued employment

The restructuring of Scania's busbuilding operation is ongoing, and it
is now clear that Scania will be able to offer all employees of its
busbuilding operation in Sweden continued employment either in
Katrineholm or Södertälje. Scania considers it important to communicate
this information...

Volvo acquires Telescopic Handler business from UpRight

12/18/2001 5:01 AM EST  -   Volvo
volvo acquires telescopic handler business from upright

Volvo Construction Equipment (Volvo CE) has acquired the Telescopic
Handler (telehandler) business from UpRight Inc. Included are the
exclusive rights to product design and manufacturing. Facilities for
manufacturing are not a part of the agreement.

The new product range will expand Volvo's compact equipment offering to

Scania invests in South Korea

12/17/2001 4:19 AM EST  -   Scania
Scania is to invest USD 1.3 million initially in a new distribution
facility in Sacheon in southern South Korea. The company is also
studying the feasibility of developing Sacheon as a new hub for its
expanding business in the country.

As part of the establishment of Scania's new facility, the company has
signed an agreement-in-principle (letter of intent) with the local

Autoliv elects new Board Member, announces Stockholder's Meeting and declares di...

12/14/2001 9:06 AM EST  -   Autoliv
Autoliv Elects New Board Member, Announces
Stockholders' Meeting and Declares Dividend

(Stockholm, Dec. 14, 2001) -- The Board of Directors of Autoliv Inc.
(NYSE: ALV and SSE: ALIV), the worldwide leader in automotive safety
systems, decided at its meeting today to increase the number of
directors to nine and to elect Mr. James Ringler as new director to
serve until the annual...