News: Automotive equipment

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2004

 

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Volvo named bus of the year

12/30/2004 4:00 AM EST  -   Volvo
Volvo Buses’ B12M chassis has been named the Brazilian bus of the year. The chassis is available as a bi-articulated bus, which, at 26.8 metres long, is the world’s longest bus.
The bus of the year prize is awarded by Autodata of Brazil. Autodata is a publishing firm specialising in automotive publications. Autodata nominates candidates, but the actual votes are cast by managers and experts from the Brazilian...

Volvo Buses secures order for 150 double-deck buses for Singapore

12/28/2004 4:00 AM EST  -   Volvo
Volvo Buses has secured a contract to supply 150 double-deck buses to Singapore's largest public bus operator, SBS Transit. SBS Transit has around 2,700 buses in its city-bus fleet of which 66% are Volvo buses.
This is the first major order for the new Volvo B9TL 3-axle double-deck chassis, which is equipped with a 9.4-litre Euro-3 engine, multi-speed automatic gearbox with inbuilt retarder.

The B9TL features...

AB Volvo announces repurchase of 400,000 B shares

12/23/2004 2:00 AM EST  -   Volvo
Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Wednesday, December 22, acquired 400,000 series B shares. The shares were traded between SEK 265.00 and 268.50 with an average price of SEK 266.51.
On June 17, 2004, the Board of AB Volvo decided to acquire through purchase on Stockholmsbörsen (Stockholm Exchange) a maximum of...

Volvo Aero completes acquisition of Aero-Craft

12/22/2004 4:57 AM EST  -   Volvo
Volvo Aero’s planned acquisition of the Aero-Craft company has now been completed. As a result, the strategic alliance with Carlton Forge Works can be realized. Consequently, Volvo Aero can now expand its offering of specialized components to include fan cases.
Aero-Craft, located outside Hartford, Connecticut, in northeastern US, has about 35 employees and sales of about USD 5 M.
The company is a supplier to...

Scania issues prospectus for Ainax offer

12/22/2004 3:42 AM EST  -   Scania
A complete prospectus has now been issued regarding the public offer to Ainax shareholders decided at Scania’s Extra General Meeting on 19 November 2004. It describes the background and reasons for the offer and states the conditions and directions how to accept the offer. The prospectus is available on Scania's homepage www.scania.com , via Handelsbanken and the Stockholm Stock Exchange (Stockholmsbörsen) and will...

AB Volvo announces repurchase of 380,000 B shares and 15,000 A shares

12/22/2004 2:05 AM EST  -   Volvo
Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Tuesday, December 21, acquired 380,000 series B shares. The shares were traded between SEK 260.50 and 262.50 with an average price of SEK 261.64. And has acquired 15,000 series A shares. The shares were traded between SEK 250.50 and 252.00 with an average price of SEK 251.41.
70ton
 

Volvo CE will present new 70ton hydraulic excavator at ConExpo 2005

12/21/2004 9:00 AM EST  -   Volvo
Volvo Construction Equipment (Volvo CE) is in the final development stages of a new 70ton Volvo hydraulic excavator. This machine will be presented to the worldwide construction industry at the ConExpo 2005 trade fair in Las Vegas, USA in March 2005.
The new Volvo excavator has been engineered in close cooperation with customers from key markets throughout the world. It has been designed for a number of...

Order from Shanghai for 137 Volvo buses

12/21/2004 5:00 AM EST  -   Volvo
Volvo Buses has received an order from Shanghai, China, for 137 city buses. This is the first order from Shanghai for Volvo’s modernized B7R Mk II city bus chassis.
The order was placed by Volvo Buses’ largest customer in China, the Bashi Group. The company is the biggest player on the city bus market in Shanghai. Its fleet consists of around 1,200 Volvo buses, most operating on the prestigious inner city...

AB Volvo announces repurchase of 360,000 B shares and 15,000 A shares

12/21/2004 2:00 AM EST  -   Volvo
Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Monday, December 20, acquired 360,000 series B shares. The shares were traded between SEK 259.50 and 262.00 with an average price of SEK 260.55. And has acquired 15,000 series A shares. The shares were traded between SEK 249.50 and 251.50 with an average price of SEK 250.45.

AB Volvo announces repurchase of 300,000 B shares and 15,000 A shares

12/20/2004 2:00 AM EST  -   Volvo
Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Friday, December 17, acquired 300,000 series B shares. The shares were traded between SEK 263.50 and 267.00 with an average price of SEK 264.98. And has acquired 15,000 series A shares. The shares were traded between SEK 253.00 and 256.50 with an average price of SEK 254.30.