News: Automotive equipment

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2002

 

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Scania makes biggest deal ever in The Netherlands

12/27/2002 3:45 AM EST  -   Scania
Scania's Dutch distributor Beers Bedrijfsauto b.v. has signed a
contract for delivery of a total of 560 tractor units during 2003 to
Vos Logistics, which is one of Europe's largest haulage companies.

Repair and maintenance contracts have been signed for all of the trucks.

The agreement with Vos Logistics is Beers' ever biggest single order.
The majority of the trucks are two-axle...

Scania invites heavy truck drivers all over Europe to drive safer

12/20/2002 7:00 AM EST  -   Scania
Young European Truck Driver competition launched:


Scania is organising the biggest competition ever for heavy truck
drivers in Europe in 2003. The competition is the first for heavy truck
drivers to be organised in partnership with the European Commission.
Participating as sponsors are Michelin, Shell and IRU (the International
Road Transport Union). The focus is on road safety...

Scania sells another 100 gas-powered buses in Australia

12/20/2002 4:00 AM EST  -   Scania
Scania has sold another 100 gas-powered city buses to Brisbane
in Australia.
"This is a follow-up to a previous order for 120 gas buses,
and it confirms that we have a highly competitive product in
this sector," says Kaj Färm, MD of Scania Australia. The
customer is Brisbane City Council and the gas-powered buses
are part of the city's focus on improving the environment.

The...

Truck deliveries - November 2002

12/19/2002 7:30 AM EST  -   Volvo
TRUCK DELIVERIES - NOVEMBER 2002

Deliveries from Volvo's truck operations, which includes Volvo Trucks,
Mack Trucks, Inc. and Renault Trucks, declined by 7% for the month of
November, compared with the same month last year. On a year-to-date
basis, deliveries amounted to 143,840 trucks, an increase of 1% compared
with the corresponding period in the preceding year. In Europe,

Volvo aero and corsair sign five-year engine overhaul contract

12/19/2002 4:19 AM EST  -   Volvo
VOLVO AERO AND CORSAIR SIGN FIVE-YEAR ENGINE OVERHAUL CONTRACT

Volvo Aero Engine Services in Bromma, Sweden, and Corsair International,
France, have signed a contract covering overhaul of engines on two of
Corsair's Boeing 747 aircraft. The agreement provides Volvo Aero with
revenues per engine flight hour and is valid for five years.

The order value is estimated to exceed SEK...

Volvo Powertrain invests SEK 375 M in Skövde, Sweden

12/18/2002 3:00 AM EST  -   Volvo
VOLVO POWERTRAIN INVESTS SEK 375 M IN SKÖVDE, SWEDEN

AB Volvo's business unit Volvo Powertrain AB is investing a total of SEK
375 M in its plants in Skövde, Sweden. The investments cover a new line
for casting and modifications of the machining systems for the next-
generation heavy diesel engine.

The investments are the first step in work to align the industrial
system for...

Autoliv Raises Dividend and Calls Stockholders Meeting

12/17/2002 7:30 AM EST  -   Autoliv
(Stockholm, Dec. 17, 2002) -- Autoliv Inc. (NYSE: ALV and SSE: ALIV),
the worldwide leader in automotive safety, has decided to increase its
quarterly dividend to shareholders by 18% to US $.13 per share of common
stock from $.11. The dividend will be payable on Thursday March 6, 2003,
to the Autoliv stockholders of record of the close of business, Thursday
February 6, 2003.

In...

AB Volvo forms audit committee

12/13/2002 9:27 AM EST  -   Volvo
AB VOLVO FORMS AUDIT COMMITTEE

As a result of more stringent requirements placed on companies whose
shares are traded in the United States, the Board of Directors of AB
Volvo has decided to establish an audit committee.

Finn Johnsson was elected chairman of the committee and Per-Olof
Eriksson and Ken Whipple were appointed members. As assigned by the
Board, the committee's...

New award for Scania in Brazil

12/13/2002 7:00 AM EST  -   Scania
:
Leading heavy truck for fifth year in a row

At present, awards are raining down on Scania in Brazil. Last month,
Scania was voted the truck industry's 'Most Admired Company' by the
leading business magazine Carta Capital, and the Brazilian haulage
association, NTC, has now voted Scania the winner in its category of
'Best heavy truck manufacturer' for the fifth year in a row.

Volvo Articulated Haulers launches program to increase productivity

12/11/2002 10:00 AM EST  -   Volvo
VOLVO ARTICULATED HAULERS LAUNCHES PROGRAM TO INCREASE PRODUCTIVITY

Volvo Construction Equipment (Volvo CE) has decided to concentrate the
production of its articulated haulers into two plants instead of three
and at the same time, move and integrate the Volvo Articulated Haulers'
head office in Växjö to the plant in Braås, Sweden, during 2003. The
changes will affect around 90...